You are right again. A gagged TA is a big no no. Im not happy about it. The problem is being in the OTC people are so used to scams that lets just hypothetically say the TA is gagged for a reason other than to hide dilution. Doesnt matter because everyone is so used to the scams that their mind immediately goes there. As a long, the thought is that they only chose a shell on the OTC so that they would meet the requirement needed for uplisting.
Loudon however appears to be much more than an advisor. The articles of incorporation list his address at McLean/Watson as the company address. That combined with the fact that it was confirmed that Loudon was involved with the company over a year before Mike was named CEO to me indicates that he has more stake in this then we think.
Even if he, Darryl and Ilya are simply advisors (which I think their involvement is more than that) I don't feel any of them would sign on to this thing knowing it was a scam. Even if they have no legal ramifications the personal and financial ramifications of being involved in a company that duped tens of thousands of people out of money would be severe. No way they want that on their record, they got enough money to hurt their reputation for some scam. So if its not a scam then they must have at least a legit company that is working on cell phones. Cycloides on board says that they not only have a phone, but product that will be decent enough to compete in some fashion. Im interested in seeing this software they keep talking about. We shall see.
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