Saturday, January 22, 2011 8:26:04 PM
-Issued 2BILLION more shares in the last two years.
-Issued a $600K note payable in common shares to Rich Capital (John Banks) if converted today that would be around another 5-6BILLION- lol
-Hired another I/R...to hype this but can't address any shareholder questions.
-Unaudited financials were provided and even the "company" admits there are issues with it.
-Scamples were sent to 3 or 4 folks that we know of - probably old product since they admit that production is not happening.
-CEO issued a one time update that clearly states there are issues with the finnys, and until they settle the lawsuit they can't progress with business.
-new management team...nice, but same owner and Banks is now hiding behind Rich Crapital.
Thats not hype...these are facts.
Yes it must be tough reading such things from a long time shareholder - but as a shareholder I believe it is our duty to hold this 'company' accountable for its promises and failures. Most holders are just not happy with the lack of progress here. Yes progress is measured in PPS and the volume just adds more cred issues here.
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