"The only problem is they haven't been proven to be lies."
Not true.
The fabricated award PR was removed from the IDWD website, after IEEE declared it a fraud. No other comment from the company, just posters that offered up all sorts of "explanations" and "alternate theories".
The PR regarding a completed buyback of 10 million shares had to be "clarified" once it was pointed out that the volume had not agreed with the claim. It was released 3 days later that Downs "retired" some amount over 7 million of his restricted shares, and the balance was then supposed to be the buyback. BTW, the shares diluting IDWD since January are over 7 million. Surprise, surprise. And big difference in buying in the market versus retirement of shares, when viewing it as a financial strength.
Dividend dates missed. Dividend details changed. Promised dates of release of financials come and gone with no subsequent acknowledgement of failure to deliver. I'd go on, but I don't really want to waste my time when it appears any and all of it is acceptable to you, if other companies do it, or if you want to really try to defend the situation piecemeal and ignore the entire picture.
LITO