Clueless? Really with the attacks? The company cl
Post# of 36728
The company claimed they had $52 million in revenue. Many people stated WHY that couldn't possibly be the case. When enough posted that they needed to substantiate keeping all that A/R on the books, all of a sudden the company began writing off the A/R. And in the end, NONE OF THE A/R WAS COLLECTIBLE. Not because of GWPH. Because THE DEALS DIDN'T ACTUALLY EXIST.
The company claimed they were giving a dividend. That was 13 MONTHS AGO. No dividend. And there won't be one. GWPH had nothing to do with that.
The company claimed they were acquiring BBIO. Guess what? Until they give the shares, they haven't acquired anything. For several "filings" they have claimed the shares haven't been issued yet. Set aside, maybe. Issued, no.
The suspension as "divine intervention?" Are you thinking straight? The SEC doesn't suspend two companies the same day to HELP them. They do it because they are not above board. The game plan now has changed because they don't have the MMs as a vehicle to dump more shares than already are given away to the unsuspecting. See how the shares have traded since the suspension? The highs are lower. The lows are lower. And now, the highs are not even higher than the prior day's close. I read the news. I watch TV. I know that none of what SKTO is doing, none of what got them suspended, has anything to do with he MJ battle that is on TV. SKTO and AEGY are the kind of companies that HURT the MJ Movement, because it is CLEAR that it is just that, a GET RICH QUICK SCHEME. And the insiders have made bank.
If/when the day comes that they do reschedule it, bigger, more established companies will rule the roost. SKTO and AEGY will not.
Look at the longs. Look at some of the most positive posters over the last year. See how their tones have changed. These are the same people...nothing about them as people have changed. They just see the picture a bit clearer than the rest.
The business model was very simple:
1.Change the direction of a publicly traded ticker to the hot-button item, Medical Marijuana.
2.Bring someone in who makes the company appear credible.
3.Put on a full-out PR Blitz, selling as many shares as the insiders can, into a short-term spike in price.
4.Continue to put out PRs to maintain interest in the stock so more insider shares can be sold.
5.Repeat 2-3-4 as needed (bring in Hoye, pay 600K to 84 tout sites, imply acquisitions with unnamed entities and companies that can't be located because they merely exist on paper at best).
I'm angry that people like that could steal from normal everyday people. Anyone at this point who is defending them is one of them, in my eyes...or is extremely desperate to unload the remainder of their position, and will do whatever it takes to find buyers for their shares. My prayer is that all that I encounter on message boards fall into the latter...if they are the former, I hope the SEC/DOJ brings the pain...HARD.
I want to see the insiders rot for this. Someone needs to be made an example, and all of them qualify. If you can't see this, I'm sorry. But it appears many of your formerly positive posters have seen it. And I commend them.
TAKE BACK YOUR PRIDE AND GET WHATEVER YOU CAN FROM THE CROOKS.
GWPH IS NOT THE CROOK.
IMO