ontheedge...No, I'm not saying WP is retiring. I also don't believe diddy thinks he's retiring in the true sense of the word. Like, kicked back at the beach sipping sombrero's.
What I believe is they're in the process of sliding out the back door, while raiding the till, as they hand the ball off to a new group and start to distance themselves from the company.
And when the new group is in with all their great connections & bio's: The new word will be MP did a great job getting us where we are. He admitted he wasn't experienced so now he'll be praised that he's turned it over to people who can "gett'er done". Great guy that he is!
Now the new mantra will be: Hey, these are the guys we needed. We have to give them a chance to work their magic so we gotta give'em some TIME!!!
I'm not going to say it's an out an out scam but I will say this. It's almost the same MO of every penny stock scam being run.
Change the name.
New management.
New product
And eventually a new name again.
Start from the very beginning of this saga.
Oil & Gas
Security systems
Cotton seed
Hoss pumps
Tuli cattle
Feed Ranch
Elf
The Psss suite of products.
Vamp
ValiMed
etc., etc., etc.
Now add in the number of personel changes from the beginning. As I said, same MO we see time after time. They never seem to have a product that's actually ready to market either. And a big percentage of the money they raise goes for ridicules salaries while keeping the company so broke the auditors have to put a warning in that they have doubts the company can make it without raising more cash. Then comes more dilution.
It always ends up with the shareholders relieved from their cash and the perps & insiders filling their bank accounts. That's been the history since the birth of this saga way back when. What makes you think it's going to be any different this time?
Don't you see a pattern here? History really does repeat itself. Again, I'm not saying for sure this is the case but the similarities are easy to see.
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