Man you don't give it up...
The article is 100% accurate. Those are totally risks that arise when dealing with stock OTC. HOWEVER
1.) The "Pump & Dump" associated with this company happened a bit before February. If this were an illegal stock the SEC would have been notified about it already, they probably already have given how many investors are upset at it's performance. If this were the case we as shareholders could sue for our money. I would not worry about it this company is legit and soon to prove lucrative.
2.)False Press releases. All of the press releases given from this company contains statements that exceed the forward looking statement point. AKA sentences like "...has received its first order of its Bio-Based foam in place packaging product." are not forward looking, they clearly state that this is an order that has been placed and received. This is just an example, carefully read them all to sift through the forward lookng statement and facts.
3.) This is not a shell company. Only every financial report since august when they announced their new business direction has stated in front of the SEC this is not a shell company. Read the reports.
This company is not taking over any new company and is sticking to it's business direction.
I may be wrong with all this but to any veteran investor who understand DD would most likely agree this company is legit. Whether this company grows or not will be totally be up to the market.
Non of the red flag behavior in the article directly is corrollated to any of the activities of this company. It's a nice try but as an attorney would say, "that won't hold up in court."
Find some solid evidence that gives reason to believe this is a scam.
This company has made two orders for their product as far as we know, a product which will be redistributed throughout the year. Revenue on the balance sheet will be a slow grow. By a year this will be a thriving company, and we will scored way before then.
Personally I bought in around $0.05 and waiting for target pricve of $0.42
Maybe if you put as much effort into research on why this company is good as you do trying to figure out why this company is bad you'll share my opinion. I promise, give it a shot. you wont be disappointed :)
Start by calling the company, they are answering phones now :)
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