I happen to know many people who have been burned by Klepsy.
I also feel that he "borrows" other people's ideas...I know he did with us years ago. He's just never had an original thought, He's a copycat. But that doesn't bug me as much as the fact that he really really messed with a lot of friends.
I my opinion he made it way more difficult for others to get legitimate financing. I have no respect for him at all. I hear a lot of stuff, all true. He muddied the water for everyone.
I also don't think that this man should be the stewart of a public company and can't believe that he actually is. The amount of money he has burned through with nothing to show for it is disgraceful. That kind of behavior should not be rewarded and investors should be made aware of it. After all, Klepsy doesn't communicate with the shareholders--or at least hasn't in over a year. Hasn't filed financials in years. It's just unbelievable.
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