Bells is 100% correct here. Trying to float the me
Post# of 36728
For one thing, if I'm Berkeley Bio, somehow I just got Alzheimer's and Alzatrex isn't working. I can't remember anything about pot, and I have ZERO new ideas... for the foreseeable future. Also my hard drive was stolen and there's no record of any pipeline products... "It's strange, I just can't remember anything."
Here's what I learned since AVNE was suspended. The SEC is not interested in due process. At first I though that the suspension would be followed by swift SEC inquiry, "shoot first ask questions later." What I've learned from both sides of the AVNE dispute is that the SEC shoots first then walks away... "Shoot first then, farrrrrrk you scammers." They aren't interested in learning the truth and they just move on to the next most egregious (perceived) scam to shut down.
To date, neither side has received any SEC communication. If SKTO and AEGY were to get suspended, we are out of business. There's no amount of message board bitching that will affect anything.
To summarize our two biggest risks:
1. The SEC will be licking it's collective chops when the see the proposed MMJ merger.
2. Being an investor in a company more interested in dilution notes than being transparent, that doesn't see the need for hiring a real president, can't meet any filing deadline, that fraudulently launched our payment system, that hides their warts by hiring girlfriends and their boys from back in the day as VP's, that has shown a year of blatant and utter disrespect for their shareholders, whose highly touted chairman is missing, might be kinda risky? Benz aside, management here doesn't give a frank about YOU the shareholder. Insider greed is the driver. And btw, Frank can't figure out how to get the payment system working but he can manufacture 50k Facebook likes from Istanbul.
I am staying for support of Berkeley Bio and Benz, but significantly less invested. Too risky. I'd rather buy into a real merged company at 15 cents than lose everything I have now.