Also, the clowns that say they are a diluting scam to enrich insiders are ridiculous and have no idea what they are talking about.
The flashiest thing Geordan has in his videos is a Rolex that was passed down to him by his father when he passed away. (the former CEO)
I miss seeing the occasional email from George. What a great guy.
Also, if that was the plan, Geordan would be using the dilution to fund his salary, but he's still taking accruals.
Check out item 11 of the 10K. Notice Geordan's salary for 2019 and 2020 have an asterisk by them.
*Represents accrued but unpaid salaries during fiscal years 2020 and 2019.
That means he's not even paying himself.
Either he's really bad at this scam, or this dilution is being used to fund something big!
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