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IslandChas

01/03/19 11:04 PM

#25159 RE: Ryan13 #25158

Well it is sad but I seem to find the deals that the old ceo needs to be run out of town

alexbh2285

01/04/19 2:13 PM

#25160 RE: Ryan13 #25158

It's very hard to tell. Alex's gains have been written up based on where the shares went and how much he owned but I doubt he made that - can't tell as he rarely filed holdings or trades nor did any of the other "owners". I don't think he's the mastermind - I think he's a pawn (but just as guilty) of larger scammers and that got pulled into this when he was in financial distress and defaulted on his mortgage (I did think it was funny that his college wrote his CEO position up as if it were an accomplishment to be proud of). I think the death spiral convertible "investor" in NJ made as much as anyone and probably more than Alex. It took me a long time to learn that the traders on these sites also know that these are frauds but don't care as long as they cause volatility in the stock price whenever a PR is sent out. No one really wants the lithium, Soncav, oil, oil treatment, water treatment, etc. profits (which will never come with perhaps the exception of small oil revenues which will be less than the dividends that the death spiral proceeds would have made if invested in the S&P 500) and they don't want evidence of fraudulent behavior - they are here for a volatile stock with the thought that they will be out of it when it eventually goes bankrupt while reinventing itself, merging, reverse merging, all that scam stuff. Good luck to all!