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Posted On: 03/21/2019 9:13:09 PM
Post# of 43065
IMO....since the failure of the Curtis venture, and probably before even that, the CEOs goal was to sell off as much as possible and put the proceeds into his account to recoup as much as possible. Same with the infusions of cash. All under the guise of SGA in the filings. Once there are no more cash infusions and all or any assets are sold, the company will then be nothing but a shell waiting for someone to buy it at .00001.
Remember there is no proprietary technology. You have nothing without a patent. Nothing
The founder, just like the rest of the shareholders, will have worthless shares.
JW will have all the useless documentation.
The hundreds, sorry, thousands per the founder, of shareholders will still be broke with no recourse.
And the vendors, who worked in good faith, will be stiffed. So sad, with all the cash The company has received in five years, they couldn’t pay Colgate for the kilns and towers. Last I heard about $175,000 give or take.
Real class act.
But we will have 10 yrs of useless daily trade documentation.... thank goodness for that. Oh, and options....we got options*
Remember there is no proprietary technology. You have nothing without a patent. Nothing
The founder, just like the rest of the shareholders, will have worthless shares.
JW will have all the useless documentation.
The hundreds, sorry, thousands per the founder, of shareholders will still be broke with no recourse.
And the vendors, who worked in good faith, will be stiffed. So sad, with all the cash The company has received in five years, they couldn’t pay Colgate for the kilns and towers. Last I heard about $175,000 give or take.
Real class act.
But we will have 10 yrs of useless daily trade documentation.... thank goodness for that. Oh, and options....we got options*
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