Stock Watch Index

[ogkw09]

On September 6, 2012, Marketing Worldwide Corporation (the "Company") issued 28,770,000 shares of its common stock at to certain employees, consultants and advisors in order to retain the services of these 26 individuals. The Company will record a non-cash charge for the retention payments of $.006 per share (based upon closing bid price on August 16, 2012) or $172,620.

The persons who received securities have such knowledge in business and financial matters that he/she/it is capable of evaluating the merits and risks of the transaction

Do the normal employees really have the knowledge of this firm to evaluate this "deal"? Im assuming they were told they would be heavily diluted, THEN they would start to stabilize and climb and get back to profit in 6 months. If not, another shafting to a different set of folks.