Come on BGMO_MOFO
That is merely a company written PR from 9 months ago where the leadership of your former "investment" tries to explain why their big deal failed. It doesnt say anything of absolute value...really. It doesnt say why it failed, what the so-called "personal expenses" were, or really anything else relevant. I wonder why there hasnt been any followup PRs in the last 9 months, why Newby is still around if such a criminal or why I am so blessed to have you looking out for my investment.
The thing is...GEC, unlike BGMO, has not posted any money to these guys so we do not have anything to lose. Like I said in my previous post, we were happy yesterday with our investment and if this fails then we will be in no worse a position than we were in before the announcement... BUT ...if it is real then we are looking good.
My guess, most of our new friends will disappear as quickly as they arrived...we'll see.