Well you have the first part of the story correct. Thats about where it ends. Datawind has a pretty cool little device and has had NO success in any larg sales volume at all. They do pretty good for a small private company. They get 9 bucks a month per customer for the proxy connection. I believe they've sold around 12,000 of them. Thats a pretty good little cash flow. Now, ENTER the famed Lev Parnas. lol The former so called investment banker stock broker. He takes a scam sham company that has phucked millions out of shareholders and creates an expensive shell structure. Blows smoke up datawinds ass gives them 10% ownership and talks them into nothing more then a glorified distributor contract. A limited one at that. Now you really have something. You get 1 million dollars funding from Silverman LLC and return you give them the right to destroy shareholder value by purchasing 3 million shares at a 25% discount in bid price at close of trading with no ratchet clause for protecting anyone. BTW:Thay have already purchased over 940,000 of those shares a pumped them. lol Yep, now you really have a story. lol Trust me these guys are a scam sham fly by night crew.
DISCLAIMER
This is just my opinion based on my own research. Research that includes sec filings, contact with the so called VP of Edgetech International Keith Jones and contact with the MFG of the Pocketsurfer Datawind.
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