I need almost the same as you G&L to break even. I
Post# of 1040
Some of these idiots were really talking up the Bikini Ready PR, without even checking their latest fins for the horrific sales being generated. They don't seem to understand that the company no longer has anything to do with CBD. They have officially removed anything related to CBD from their website. They have removed all or most of the bad comments and questions surrounding Nulief and are blocking any further comments. Kras is blocking anyone who questions him about Nulief & CBD Initiative.
There would only be one logical reason for this immediate departure from anything CBD related, after having spent so much time and money to get this far. That reason would have to revolve around some illegal activity in the CBD arena at the time of the Nulief launch that resulted in them shutting down the whole CBD operation immediately! Problem was they were in the middle of the Nulief launch and they either had to come clean with what happened or pretend to still launch it without any real product. They knew if they disclosed what really happened, it would immediately destroy the share price. That is when they decided on the plan of a fake launch that they could just claim didn't workout. Well it wasn't too hard to uncover that they never launched any Nulief product anywhere. Thus the reason they will block and remove any discussion pertaining to their fake Nulief launch. These idiots think they can actually sweep this under the rug and walk away from it without a single word about what caused it all.
Right now it is in the hands of the SEC and if they will do anything about it after numerous complaints were filed. I have been unsuccessful in getting a class action suit going, due to the fact that none of the law offices I contacted were willing to take it on at this point. If in fact the SEC would take action against their blatant fraud, then it would be much more likely they would take on the case. I suppose it is due to all the BS these OTC companies are able to get away with in this market. I'm not sure what will happen next, but I will make damn sure this fraud will follow Michael James, no matter where he goes. He is currently spending the bulk of his time over at TRTC where he is receiving and cashing in his big share issued bonuses that has TRTC shareholders extremely angry. Maybe he has something on Derek Peterson, the CEO, that forces him to pay James such huge bonuses. Who knows, as anything is possible after James was willing to commit fraud to cover up what really went wrong with the production of Nulief and what caused them to drop everything to do with CBD so quickly.
Don't you just wonder how he will explain all this in their next filing, or will he just remain tight lipped about it all. The arrogance about James is infuriating! I would love nothing better than to see him get slapped with a huge fine and spend some time in jail to humiliate the hell out of him and wipe that arrogance right out of him. Numerous times he threatened to take legal action against me for what I was posting and every single time I told him to go ahead, as I am excited to bring this all to the forefront, especially in a court of law. He knows damn well I can easily prove their fraud and thus only uses these bluffs to try and scare me. Don't you think if he could prove that he didn't commit fraud, he would have filed suit against me for slander?
Both James and Kras objected to me sharing our email conversations we had. Now why would they do that if they had nothing to hide? Fact is, you would have seen first hand how viciously they attacked me for posting about their fraud. All I ever asked for was an explanation of what really happened and they refused to say a single word about what caused their quick exit from the CBD arena. They tried using threats and childish name calling to scare me into submission, but none of it worked.
I think as shareholders of this public company, we have every right to know what happened. If in fact they don't mention anything about the Nulief launch and their CBD Initiative in their next "Q", I will begin a campaign on social media to force their hand and expose their fraud further. There is just no way I am just walking away from this.
As for now, I am keeping my mouth shut to see if in fact these flipper groups can push it up high enough, but that seems to be over by the end of this week. There is no way they can keep doing what they are doing, for much longer. As weak sales will finally catch up to them. Their recent entry into the heavily saturated "Whey" category was just plain laughable. It is just a smokescreen to help hide their recent fraud. $200k in sales per quarter for all their brands combined is just atrocious and when you look at their distribution on Bikini Ready, it is easy to see that they are selling around one unit or less per store, per quarter. The larger distribution chains must already be dumping the brand left and right and why they are now resorting to getting it in smaller mom & pop chains, and making a big deal of it with PR's.
The one and only thing that would save us G&L, is some big hyped event before the R/S is instituted. Problem is, Kras is running the show and doesn't have a clue about what he is doing. He is concentrated on one thing, and that is to expand his Bikini Ready brand that he sold to Inergetics when he also got hired. Everything will take a back seat to BR with him in charge. CBD was their one hope and now that this is gone, I don't see any way the share price can climb above $.001. BMAK shows up when he sees fit, as more and more toxic financing is done w/the notorious OTC loan shark, Sason. The share count is increasing so fast, we can't keep up with it. At the same time Kras is spending as much as he can to promote his holy grail, BR.
This is as bad as it gets in the OTC world and the fact that James fooled me and many others with all his big talk about honesty and integrity. He has always been out for himself without any regard for shareholders. Back when we were still speaking to one another in a civil manner, he was telling me how the shareholders mattered in all his decisions and that he wouldn't do anything to jeopardize the company or its shareholders. At the same time he was inking deals left and right w/Sason that was diluting the hell out of shareholders and completely destroying the share price. He even went as far to sign a contract of first refusal w/Sason until the middle of 2016. He was doing all this behind our backs while playing the role of a concerned and responsible CEO.
He loaned the company $300 grand and when things started going down hill, all he was interested in was getting his money back and Sason was who he turned to get it done. I don't think a lot of you know how over the edge both James and Kras were when Sason turned around and sold off his heavily discounted shares, starting the day after the first financing deal was signed. When I brought it to James's attention to ask him about it, he went on a screaming rant that absolutely shocked me! The guy was swearing every other word as said he had no idea this would happen. Really? All he would have had to do was look at his record with other OTC companies and he would have known before he made the deal.
I even took the time to give him some names of big venture capitalist that would be interested in hearing about his business and how they might be able to invest. James just brushed it off and said they could call him to set up an appointment. I said it doesn't work that way. They have the money, so he would have to setup an appt. with them to make a presentation. He chose to go the route of Sason instead.
That is when I first found out that James was nothing as he pretended to be. He only looks out for himself and that couldn't be more evident than what is happening now as he works w/TRTC to get his big bonus shares that he is dumping shortly after receiving them. Make no doubts about it, this guy is BAD news and probably the reason all his employees, except for Kras walked out on him during the Martha Stewart Deal. Which by the way, was the absolute worst deal made in OTC land! Those royalties were so over the top, that it made it clear that James had no idea what he was doing as CEO.
Sorry for the long rant, but needed to vent and get a lot off my chest. As you know this has cost me dearly, which I doubt I will ever recover. I take all the blame for it, due to me believing in what Mr. James was feeding me. I saw a huge opportunity to make some big gains like you saw in your other two G&L, and I went after it, never expecting to see all this come about. It would be another thing if Nulief actually launched and couldn't get the sales, but to have them pull this fraud without ever launching it, caught me way off guard!
I guess I will take this loss to my grave as I try to stay afloat throughout my retirement years. It would be even worse if James is allowed to get away with this. I never know when I will be around to post and I hope everyone who lost money in this can recover some of their losses. I just hold my breath everyday waiting for that R/S announcement that will wipe us all out in a single swoop. Doing a R/S after all that has happened, is the absolute final insult to all us shareholders who believed in James and what he was going to do with CBD. I'm afraid it just around the corner and it will extinguish any possibility of getting at least 1/2 of my money back.
OK I am done. Take care Fish & G&L and all the other honest ones out there. There is still a final judgement that nobody can avoid and it will sort things out in a hurry for eternity. Cheers!