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Our-Street

09/27/08 3:54 PM

#13359 RE: thineer #13355

I will come as close to proving the company isn't making money as I can.

1. It uses M2, an inferior news service to publish most press releases. They don't charge per release... they charge per year.
2. If it was making money, especially as much as it says, it would have hired an auditor to prove it to get the stock price up and satisfy demanding shareholders. That's what legitimate companies do.
3. If it was making money it would have paid the two people it lied about in press releases.
4. If it was making money it would have hired an IR firm to write their press releases instead of having some semi-literate boob write them and let everyone know what a pitiful excuse for a sham it is.
5. The company refuses to get the books audited and to show actual financial statements to its shareholders.

Now.. this is all called circumstantial evidence but if you amass enough circumstantial evidence, you can actual prove a case. Given there is no evidence other than company statements to the contrary, I would say this is a pretty clear indication the company isn't making any money to speak of and any money it is making is supporting the lifestyle of one Shayne Heffernan, International Con Man Mediocre.