I believe you are correct... looking at past experiences with Schadel, he always is big on talking up revenues. Problem is he buys those revenue with toxic debt and then when the poor fundamentals, interest and conversions/dilution happens he runs to the next pump pr or scam.
Bottom line is, Schadel doesn't know how to build a fundamentally sound business. Just how to buy revenue and pay himself millions with toxic loans as can be seen by his salaries, $6 home lease on the company, taking six figure bonuses (one at $220k right after procuring $175k loan at 59% interest)... don't believe me look at his prior businesses finances or the lawsuits against him.
This will be confirmed if he ever gets audited financials out.
News 
Market Data 
Discover 
