CBD Life Sciences Inc (CBDL)

[paulbk]

Pack, CEO lied. A plain bold faced lie and that's not a matter of opinion but a matter of fact. After touting the Amero revenues for a year and a half Mann announces in a 5/30 Pr that the merger was finally finished. Financials released for this time period (April- June Quarter) however show no share distribution to Amero in May and no revenues for the month of June from Amero. The first PR about Rangemore in October 2012 also states that nothing had changed with the Amero merger.

CEO saying merger was done but knowing shares were never distributed to close the merger makes it a lie, not a change of business plans. It's in the filings. End of story.

In retrospect the market knew it was a lie because it never reacted to any of these pronouncements in a meaningful way but that doesn't change anything.

Other lies while we are on the subject:
Financials by April 2012.
Mann resigning and Jean Plankton taking over
Amero and Auctions sharing offices to save money (sound familiar?)

This is the reality of Auctions International. GLTA.