Thursday, January 20, 2011 6:15:17 PM
So one scenario is there is a CEO without business experience, without knowledge of, and not that bright. He then receives a fax buyout offer. He puts out a press release.
Now anyone else with an ounce of common sense would know no one would pay $.04 for BTDG. Hardly any investor would take such a company seriously. But our dear CEO seems to believe anything that is sent him.
An IR firm that is a mortgage broker ?
Everything points to the CEO being perhaps the most unqualified CEO in the history of American corporate finance.
So just maybe he is a complete idiot rather than a scoundrel, and at least from their filings it appears only float is the shares issued for debt in 2010 , which doesn't seem to be to CEO.
Though I admit using their filings as a source of information is a bit problematic.
Maybe you are right , but where does it state CEO or even BTDG for that matter benefitted from this inane way of doing business. False document ? What would make anyone think this Paul even knew what he was filing or even read first?
What was false about the merger press release- you are assuming this CEO knew he was misleading or untruthful - you may be giving him more credit than he is due.
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM