Yes that is very clear....
but even with pinks there is a shred of credibility....if the financials outline a certain number of shares..and some sort of business there is an expectation...legal and for investors to rely on...that it is close to true.
In this case - I would ask any who say this is worth a trade to state the case why. The ONLY reason is that some years back there was a huge and temporary run up...when mgt fierst rolled out its take about bio coal etc.
After that 'promise' each and every deal reported fell apart and slowly the reality set in after the 3rd or 4th bio char 'deal' never happened...and after the CEO expressed in a conference call no reverse split then turned around and short months later reversed....
then again,,,,came out ...again...with new 'partner' that has since walked away...no follow up (as the case in all other deals) ..now has seen the price down to .0001.
while trading - correction selling - hundreds of millions of shares that on the filings don't even exist.
So....what is to trade? No share structure....no product....history of 100% deals over years not even getting to first stage...each time selling shares out to pay the CEO....(since there is no revenue apart from this)...
This is not a comparison between PS POS's and big boards.. but between a scam and a speculation.....this is a not a company...no product....and only a self serving share sale vehicle...
Why do I write....i lost money and hope no one else does buying into the next 'story', and hoping the SEC catches up with mgt
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