So many major red flags here. Touting that they gained as much as 100% then apparently gave away another 300 Million shares to clear up $300,000 in debt, while expecting $20 million in annual revenue.
No one think it's odd that they were so desperate to clear up a little bit of debt, that they essentially gave away 300 Million shares at a value of $.001 per share, while the stock was seeing significant gains?
Would a company making this much money be giving away hundreds of millions of their shares at a fraction of their value?
And then people wonder why they don't want their financials audited? Lol, if you were in their position would you want them to be audited, showing your full hand, or just wait for more lemming investors to buy without a whisper of proof?
Some say these massive share giveaways to pay off debt mean that they're "cleaning it up" for a buyout or merger. But odds are no one would be fool enough to buy out a company that won't prove what they claim.
Not saying good things can't happen but there are so many red flags here, it's pretty wild this isn't in the .000's right now.
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