Replies to post #40797 on Megola Inc (MGON)

[Techroemancer]

How do you know this definitively? Care to cite any sources or explain your mindset on your blind assumption? What significance will this have if he does dump considering he is only a 5% shareholder? Why can't someone like me come in and buyout his shares to become 5% shareholder? (Because I totally would if given the opportunity.)

[shoondale]

That is hardly all steal...Gardner dude pops up all over the place. He has his fingers in the till in more ways than one. I'd also do a closer look into some of those other investors before I ever thought of this as an investment. They usually find suckers on the internet to put their money down on a failing company, then sell out from underneath them. That is a scary scenario.

GS Capital Blends LLC, Mark Suchy and Joel Gardner managing partners
Owner more than 5% Bonita Springs, FL 50,000 Series D
Preferred
Stock
50%

https://www.otcmarkets.com/otcapi/company/financial-report/376611/content

[shoondale]

Some things that scare the bejesus out of me steal here is there is the dead zero expenditure on r&d and the rapid decrease in revenues. How does that end well? Then you see the operating expenses on sales is more than 50% more than the actual revenues. And this is as sales drop like a rock off a cliff. This is not a sustainable business model by any means. The only way to generate income is selling stock in a failing enterprise. Who makes out there stealofadeal?
https://www.otcmarkets.com/stock/MGON/financials