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jack8973901

08/15/07 12:56 PM

#254606 RE: Man Utd fan #254597

that's one of the elements that made this whole thing work and why jf is so good at this and dangerous to the wallets of naive investors. It's not expensive to open up those distribution centers compared to the money he could get from shareholders by giving the appearance he knew what he was doing. jf was having fun - kind of like throwing darts at a board - and if they stick fine and if they don't no big deal. He is basically incompetent to run a business like this and he was having fun spending money on this and that and all the time convincing investors to buy more shares. There are plenty of ways he got money out of this company and we will probably never know how much. Someone stated some time ago that his kids sold stock when it was around .10 a share and got about a million dollars each. He knew what he was doing from the beginning and the spending of money was necessary to bring in more shareholders to keep the thing going and he was having fun in the process. I'm sure he hoped it would be successful but not for the reason of making shareholders money, only so he could keep selling shares and filling his pockets. When he announced the 25 billion authorized shares he showed his true hand to those that know these stocks. it's the same game they all play just different stories and styles.