One of the biggest red flags for me was the lack of a NT-10Q. Showed the company had already made the decision to not file as required and it was an INTENTIONAL act against the shareholders.
Then the fact that the business model has already been tried, not once but twice, and failed.
Then the "guru" of the innovative foods market can't even get conventional financing (even Batter Blaster could do that while losing money).
Then obvious mis and mal reporting on subsequent "8K"'s.
Then the misrepresentation that the company had real Intellectual Property.
Then the representation that the officers were receiving no compensation while $7500.Mo was going out the back door to them for pretend trademarks.
Then the background of Nate's Partners in similar scams....