Ponzi-Pink Sheet Principles – Honestly!
1. Promise great things through your promoter with swelling words and superlatives that can not be measured nor held accountable but seem guaranteed with teaser phrases.
2. Never tell that the projected accomplishment of bringing forth the product or service will take really 3-5 years to occur beyond the IPO period.
3. Fail to disclose that all you have is a plan and that no real progress toward marketing, producing, engineering, designing, packaging, securing, testing nor even patenting your product or service.
4. Show potential lines of credit but do not disclosed the 500-2500% dilution that must happen to ultimately be able to afford the bringing of product or service to market.
5. Never tell that the lawyers, promoters and officers of the company are paid outrageous fees that will ensure the company never makes a profit even if all goes according to a perfect plan.
6. Never tell that the lawyers, promoters, friends and officers of the company are offered huge stock options at next to nothing (if not free) and are redeemable at will while the IPO stock price is high.
7. Always make “leading” comparisons of successful companys’ track records to your own “blue-sky” promotions even though there is no relevant similarities nor market profit justification. Is XYZ company the next Google?
8. Never show the risks nor competition in your industry. Sell the idea that you, instead, are the leader even though you will have no sales nor technology to back it up.
9. Never ever tell your major failures, miscues, dry holes, missed deadlines, legal time-bombs, disastrous purchases, product setbacks, financial road-block delays, etc. When these happen, ignore them in PR’s or just stop giving PR’s.
10. Keep the stockholders and the public in the dark as to your real intentions under the excuse of privacy from competitors “ears”.