This was a desperate attempt to get big investors to buy out or buy in before the company capsized. And then two weeks latter the site was shut down. It was cheaper for them to shut down. All there operating costs were exceeded. He had to know the company was weeks away from shutting down. The company had too much toxic dept and no big investor would have nothing to do with the company. Chris Carey tried to take up some of the debt to buy time. Because something was in the works but the deal must of fell through. It's the only that makes the most sense.
This is the second penny scam that I invested in where the CEO was interviewed on Fox News.New rule of thumb:Dont trust Fox Network,or any CEO pumping his company on Fox News.