Here is my Feb 15 post, one day after I joined Ihub:
Irish,
The way the whole thing started with Shiva was me emailing him in November telling him that he was misleading everyone by missing deadlines (i.e. the Audit) and not being clear on whether or not they had a signed contract. I also mentioned to him that shareholders were already mentioning the word ''lawsuit''. He called me literally 3 minutes after he received my email and assured me that the Audit was coming in the next few days. As for the host contract, he was not being clear about the reason why there was no contract, but he was implying that host was waiting for proof of add revenues before they signed the contract. My question is why would Host delay the contract if they pretty much have very little to lose and alot more to gain. It's Tivus that does the running around signing add partners. Host just sits back and enjoys a piece of the add revenues (at least that's how I understand the deal). This whole thing stinks. The red flags are there and we just continue to ignore them (myself as well) and keep buying this garbage stock with the hope of averaging down enough to break-even on any slight temporary shareprice increase.
If this technology was so great, don't you all think that they would be able to go fetch real financing? All they are doing is selling 50% discounted shares to their friends, who in turn are selling the shares the next day at the current price, making a 100% return on their investment at the detriment of us suckers! These are just my thoughts. Make your on judgement calls.
