Interesting read. Covers about everything. Everything except announcing an actual accomplishment of finishing not one of those things. Things theyve been mentioning they have been working on for past year. Award winning TL, seriously? They finished designing the wrong platform becuase they werent in the know on Googs newer requirments, and its taken them months now to redo and still arent finished. Great job TL.
And now Josh and crew are asking for more monies to do all these things. WOW!!!
Theres 12M shares auth. My last communication with Josh he said they were doing everything to not have to auth more shares. Great idea. When he took over i think 4B had been auth bit only like 2B in float. Then it got increased to 12B. A lot of that going to Esposito and to bring those other shareholders into the mix. Plus giving TL a large % of company.
So have the full 12B all been used up? If so, thats a heck of a lot of money theyve had come into the company. Wheres it all gone Josh? If theyve sold 5B shares just at .001 per, thats $5M. Cant believe all theyve done would have cost that much. Since not one thing has actually been finished. At least to anyones knowledge.
So smart move to dilute shares even more at half what market is pricing them at today. Im no financial guru, but this just seems strange.
Anyone please feel free to show me what im missing. Im very long this stock, just getting the same ‘ol tune from Josh. More and more promises, as days, weeks, months keep passing by. Someone has to be making money on the backend of this.
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