All this guy does is mergers. There is no other logical explanation as to what he was doing for the few months he was here. The family and friends circle bought in the days leading up to his resignation, as well as the day after his resignation. Some people know what's going on here, which is why we had a major gain immediately after he resigned. Im holding my shares tight.
Goldfarb seems to be good at putting deals together, everywhere he goes he sits on a board for no more then 1yr and next thing you know there is some type of REVERSE merger. MAKES ME WONDER? WHY DOES HE SIT ON COMPASS LABS BOARD?
This is what I think happened with Media Exchange Group and Intellicell:
Media Exchange Group was in SERIOUS financial trouble. Read last years 10k - they had NO cash on hand, and needed financing/merger/buyout in the next 12 months to stay afloat.
In came Stuart Goldfarb in May. Why Goldfarb? He has a proven track record of managing media companies. He successfully negotiated the merger where Intellicell acquired Media Exchange Group. Why? I believe they wanted to go public and acquiring a public company was the easisest path forward. Once the merger was complete, Goldfarb left in Janurary.
Glad to see someone besides me finally went down that path Dug this up back in early FEB but no one seemed to care at the time…See my connecting dots at the bottom.
Hope this helps you connect the dots
Add this to the path you are on. Several of my posts below touch on the trail you are on, plus some additional links, including Robert Ellin
How did they keep the merger under wraps for 6 months? What would be the motivation / benefit of doing so? MEG was a listed company? What about the reporting requirements?
Look at MEG's one year chart. Look familiar? Look at MEG's business plan. They dumped unprofitable business's and focused on something totally new. Sound familiar?
Got to get Willie out of the shower and go to school. See y'all later.