I think for this scam to work as well as it did, they did spend some money to buy some small tool shops. Then they issued one pr a long time ago about financials, which was probably inflated.
The tool shop may for all intents and purposes make a profit, its just not the kind of profits that would propel the company into the big time like another HAL which BBB was comparing it to at the time.
Then like it was said they just issue PR's on future events that never occur like the CTBG dividend or the possible buyout of the company. When those pr's pushed the stock price up, they then went and sold more shares of stock, which any money made is used to make Jim Dial rich.
Now by issuing himself super shares, he maintains control of the company in case the original large share holders tried to take control. I think they actually would have succeeded if they banded together since at that time they probably had a controlling stake of the company.
However, that never happened. Instead BBB continues to believe the BS and go down with the rest of the ship. They will continue to milk this stock until no more suckers are left to buy. Then they will just sell the company to another, change the name of it, and do another huge reverse stock split to try to repeat the process.
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