"His best advice was not to sell a share."
Oh really? And his qualifications as an investment advisor are what?
he is a majority owner of the company. he has a vested interest.
And I am willing to bet he is no doctor. Referencing himself as a DR. if he is not a doctor at all is highly unethical - and is being used to add credibility to his story. Reminds me of that clown Monk and his nonexistent PHD being referred to as Dr. Jerry Williams.
Somehow I just don't believe this "SHRINK", as he referred to himself, is retired and is now giving estimates on sump pumps and selling used washers and dryers online. Ain't flying with me.
And if I were that Amero guy - I would be dang sure I had my books in order to prove those $700,000 in annual revenues selling stuff online - which all of 10% is being offered for the merger at this time.
Given he also is in the same town as Newman - This deal would be scrutinized by the BCSC who already slapped a cease and desist on this company for no filings. Are they ready to submit anything?
I suspect not given they will have to update years worth of missing files.
Caveat Emptor it is - and Caveat Emptor it will remain - IMO.
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