It really sucks, but it appears it was all lies.
I (like I suspect many did) lost a little money here.
Not much, but more that I like.
It is one thing to lose money on a risk that doesn't pan out.
It is something entirely different to lose money when the "CEO" apparently lies and stiffs his own business partners.
I feel bad for Textraw, which appears to actually have a good product, but continues to align itself with VCs that screw it over.
I can only imagine that everything we think we know about AlgaeTek is also just a smoke screen.
I sold all my shares a while back during the slide, so I have no vested interest anymore, but seeing this kind of deceit has me interested in how it plays out.