In a PR dated December 5, 2012 the "CEO" Robinson To states:
"Management has also committed to keep the current shares structure without any reverse splits now or anytime in the future. Additionally, cost cutting and shares reducing will be on top of management's priority list."
All the while having already filed to increase the Authorized Shares to 50 BILLION!!! signed on November 30, 2012 and filed on December 3, 2012. http://sunbiz.org/pdf/42230867.pdf
LIARS AND CHEATS!
They lied to the shareholders and the bagholders!
Share reduction is share reduction. You don't say you're going to be focused on share reduction, but secretly behind shareholder backs up the AS to 50 Billion! This makes me sick to my stomach. And it should make every shareholder sick to their stomachs, because THEY HAVE BEEN LIED TO.
This just goes to prove I was right all along. THIS IS A SCAM, NOTHING MORE. A CASH GRAB.
There is absolutely no way you can put a positive spin on this. They have been caught in their lies. Once a thief, always a thief. How much can they rip off from the shareholders now? Let's see how many are still willing to buy into this POS.
Nguyen and his mouthpiece To are in charge of this SCAM. As we know, they put together a website which was a copy of their Kolaco website with a few edits. These websites were pasted together from cuts and pastes from other websites. Plagiarism. So, the scam is afoot.
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