Yep as we are witness to this........Everyone has gotten something out of all this except the shareholders.......How many hours, weeks and months spent watching for development and growth. The money we have all put into this has all been for those who continue to deceive us for their greed. In reality Jim should have never sold a share and should have been forthright with the information surrounding this company.
Same goes for not Pr'ing the investing public of a 504D and gagging the TA......its irresponible of those not to do this so investors can make better and informative decisions.
Jim will not walk from this like its all Astroms fault, he had other options, and he knew he would have to buy this company at some point or lose it. Jim told us he had raised the the cash to buy this company........before doing one acquisition if nothing more this money should have been going to Astrom........there are no excuses......If he didn't have control of the magazine he shouldn't have brought this company public to begin with. He knew investors learning of Dans reputation as world champion diluter woud not go over well, same for Bkmp whose Ceo was panhandling to get money from investors in that company to covert shares....the scams are endless........
The Sec may as well list these companies as Charities, this is what many turn into. Then they can write their so called losses off on the taxes.......Right!!
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