You are correct. The reality is that this is just like every other sub penny scam and the r/s is only another trick to dilute more shares into the market and raise more capital to either pay debt or pay for operations. I use the term "operations" loosely.
Fact is, that with four divisions it is almost harder to believe that not one single division has one single actual deal that generates any kind of real revenue in the last year than it is to believe that this is a real company. That is where we all got fooled. Think about it. How is it possible that this supposed holding company with all these prospects, hasn't closed a SINGLE revenue producing deal in the last year???? Not ONE???
Wile E Kayode can call this a development stage company all he wants...But what are we developing??? Supposedly a new facebook, right?? What about all the other divisions? What are they developing??? Delay after delay, with no explanation of any kind. No business deals from the other divisions that were supposed to be "up and running" before year end. I'm afraid that we have been scammed my friend.
Fact is that I've only been wrong on two purchases in the last 12 months...and this was one of them. Live and learn. I do hope that karma catches up with Kaye sooner than later. All IMHO.
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