case on a contingency and Sequiam management has completely ran it's coffers dry hiring talent and paying out hiring bonuses.
Hind sight 20\20 and truth on the matter is certain individuals in ranking positions and individuals out of Sequiam were pulling the wool over investors eyes and hyping this company to no end while they tool advantage of shareholders and paying some to attract new fish. Deals were made on company buyouts giving cash payouts to several insiders along the way and as it turned out the buyouts were shoddy deals with little return to investors that funded them through dilution.
The Black & Decker, NRA, Bank of Uganda and CJCC Deals never produced any real revenue to Sequiam's bottom line just a forward looking hype and a way to further bleed.
As the hypsters began losing credibility it looks like some ranking investors stepped in making management changes and inserted the dream team which the company financial supports could not handle the payout requirements causing the company to further spin into bankruptcy.
Very transparent company and structure indeed..........
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