JB may be a good guy, don't know, and none of the people who know the biggest scammer's in OTC haven't said anything negative about him.
Left-handed compliments can be valuable.
I was expecting to see major dilution in the form of BIG MONEY buying in. I just can't see the prospects of leaving any part of a Goldman Sachs relationship to become the CEO of a pennystock scam.
Of course, the Sachs unit he was dealing with was more geared to restaurant franchising than to IPO's. I was figuring this as a potential candidate for a major offering in the millions. The bankers can make a lot of money on good deals, and the fate of current shareholders depends on how the deal is structured.
We don't need a wimpy CEO who will offer shares to scammers at 50% of market just to pay himself and a bunch of other worthless bums. We need somebody with the planning skills to pull off a multimillion dollar IPO or merger.