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Sunday, February 23, 2014 12:08:19 PM
Let me take a shot at answering that. I'd say that most people look at this company with open eyes before buying. They look at Fred's questionable past and this company's non productive history. They see a pink sheet company that cannot prove its worth through audited filings when all along the company's CEO continues to flat out lie about that event missing many deadlines spaced over two years or more. When that happens a person knows there is dirt being swept under the rug.
They look at a CEO that cannot even tell the truth when projecting next Q's revenue and profits. Eric projected Q4 revenues at 1.4 million and profits double where they came in at. Revenue was only 1.1 million so he missed that number by over 300 thousand dollars. He projected those numbers half way through Q3 so there is absolutely no excuse for missing those targets so badly. He either flat out lied to try and get the share price moving or he is extremely incompetent.
When you have a president with a shady past and a CEO that continues to present lies and deceit, it's no wonder the share price continues to be a laggard.
The share price tells the story of this company's inept and incompetent management team. You get the picture now? Buyer beware, beware of such inconsistency and flat out lies. This post only touches the surface of this company's lies and deceit.
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