Same with the equity. CEO gets 60 million shares and 6-18 months later has only 34.5 million. No explanation of what happened to the others. Two investment companies suddenly appear with shares. How did they get them (don't appear to be open market buys)? What did they pay for them? What are their plans? Silence.
Company files 2009 financials after long delay, then says "don't rely on them". Meanwhile, they PR revenue for one month and forecasts as percents of prior (unreliable) periods.
I'm not saying it is a scam, but if they don't want to appear as one, there's a lot more clarity, completeness and detail required, IMHO.
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