"It makes you wonder how competent the management is to have bought into a shell that was so screwed up share structure wise, and after they buy it they claim they didn't know how bad it was."
Wait, let me get something straight. You do realize you're talking about the same 'new management' which the SEC called the scam card and delisted. The same 'old management' who created "If you Fuse you lose". To top it off the exact same warrant and debt holder inside the delisted scam and pre-merge scam?
Right? This are rinse and repeat trend-scams. the ploy is to run it until death, wait a few years and run another till it's dead, rinse and repeat. Management gets kick-backs and toxic lender kills by flipping money that got paid pack years and years ago, and just 'reinvesting' then flipping it multiple times.
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