Problem now is that Bill has a multitude of frustr
Post# of 22940
If Bill did a CC now, he would be facing a lot of emotional investors instead of being able to systematically go through the wins and losses and objectively discuss what went wrong and what went right. He has framed it as we are all discontents and looking for short term trading when in reality- IRMuse has been pushing that from day one while mocking those that DID hold a long term view and give Bill/company the benefit of the doubt despite the delays/missteps.
If he doesnt get in front of this and turn the tide - he will have a group wondering if it was just a big fraud perpetuated against the shareholders and there is certainly PLENTY of ammo they will have to present the case - mainly:
1. Constant reiteration of $0.01 PPS target by IR/Muse while also claiming buyback loop was in effect (not to mention James target of under 1BB OS within 6-8 months of CC).
2.Since this target was never disavowed by $TPAC /mgmt and IR/Muse was using a company domain email and LISTED as INVESTOR RELATIONS on company PRs - it will be difficult to argue they were completely separate entities.
3. BTL and Australia SLAs referenced in terms of 2017/yearly impact. For those that have the CC recording - James made it clear that was in the bag. Bill seemed to suggest otherwise. No one has cleared the air on here, Twitter, or website between IR or Bill. Many shares were purchased (and/or NOT sold) based on these congracts/SLA. Forward looking statement disclaimers dont apply if it was known that these were tenuous at best. James made it clear when pressed in questioning on CC that they were set in stone. So - where is the disconnect?
4. There is also considerable gray area between Bill's communication about reducing the OS in 2016 only to see it balloon. He said on numerous occasions on Twitter that there was no dilution/diluting - what was meant by that? Clearly the OS was diluted.
5. The inane Twitter rants by Muse on mocking sharehikders for buying, encouraging them to sell, then pumping it on this last run to 7, and then mocking those that did. Frankly - I dont know how anyone can see that as NOT being purposely manipulative. It gets more damning when the MRVBs are encouraging flipping at 0.0001-0.0002 for max profit (one tick being 100%) and going completely AGAINST long term, sustained PPS value.
Hopefully Bill takes back control of the communication, airs out the dirty laundry, and starts fresh with those long term holders that ignored the OTC gyrations and put credence in his statements. If not- the recourse will be through the SEC/civil courts to determine what was real and what was potentially fraudulent between company and IR/Muse. Unfortunately- I dont see that happening unless he is finally able yo show REAL , reportable revenue on one or several fronts that validate the tortured 2015, 2016 years.