It's a good story if it weren't a debt-ridden OTC scam that creates hundreds of millions of shares to crush down to 1/10 of a cent. It seemed like it was just starting its run when it ran up to 1.5 cent, considering that it's a seemingly legitimate business that got multiple press coverage, and the pre-Christmas season was the ideal time for a pump campaign. However, management doesn't believe that the company has enough value to wait to sell the stock at a higher price; quite the opposite, they sold an avalanche of newly created stock, to get their measley $thousands instead of millions that a legitimate business such as this could be worth potentially if it weren't a scam. No serious investors are interested in giving this scam any capital or buying it, or it would already be funded or bought by a real business, not run by some OTC scammer who's content to issue a billion shares and sell down to hundreths of a cent. Instead, any measley funding it got was in the form of convertble debt. Hell, they're even paying their rent with shares.
It's not the first OTC scam with a good story. One I watched in 2003-04 was going to sell a virtual PC keyboard that was laser generated, a great idea, esp. for public computers in which there were sanitary concerns. They got press coverage, and even got a video segment on CNN. The stock ran up 40-fold before crashing, as management got rich selling millions upon millions of shares they granted themselves. Nothing ever came of their virtual keyboard.
AI
