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Re: Krakatoa_Dean post# 26463

Monday, 03/21/2011 2:48:08 PM

Monday, March 21, 2011 2:48:08 PM

Post# of 27745
You are correct

Nobody goes into "preview" mode to work out the bugs and then goes out and promotes it. The whole point to stress testing is to keep traffic under control. But that doesn't seem to be a problem for Klepsy anyway.

This whole thing is geared to sucker some investor into throwing his money away.

These guys are rank amateurs. If they weren't they would have had legitimate private equity money years ago. In fact, they went to practically every vc firm in the country and nobody would touch the model.

Every VC does DD so Klepsy wouldn't have a prayer scoring money from them. It looks to me as though he's focusing on clueless Asian investors. There's lots of them floating around Honk Kong. Unfortunately these are the type of investors who don't like losing their money and tend to use "unconventional" methods to get their money back.

What a couple of chumps these guys are.
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