Maybe they can change their behavior moving forward? CEO Alex Umbra abdicated fiduciary responsibility when he DEFAULTED on his debts and let us pick up the slack. That’s what this is. We are paying NextCast because CEO indebted himself to them for no reason it would seem. CEO stated “we have 20+ million in assets” on video. Then why am I paying UATG mere 100,000$ company debts that are not going to help the company grow with 1/2 my investment? That applies to every shareholder who has seen OS double.
On an unrelated note, what happened to these products?
Anyone in the field knows that the products described are EASILY worth 10s of billions in revenue short term. I am starting to think CEO claims to have created products that do not exist. So far we have proof of the socks. However CEO claims to have done the equivalent of curing cancer or inventing quantum computer in the field of energy storage (battery storage). Holy grail of 21st century innovation so far if you will. Yet we are BROKE and in DEBT. Wtf gives?
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