We have a tiger by the tail and need some changes in the
We have a tiger by the tail and need some changes in the toxic financing. I've been here for 2 years. End of 2016 WW stated no more toxic financing. Then he went on to state the institutional investors wanted a R/S. We get the R/S and it is down down down and now the only ones making any money is the convertibles who can convert at .00338 and it could be lower as I used .0052(.52 R/S) when in reality it hit .49 about a month ago on the crash. If these institutional investors were advising management why in the hell did they not get some traditional financing and buy out the convertibles?
I am possibly thee largest shareholder on this board and paid as much as .025 for many shares to see my value go down. We have $551K O/S converted debt on the books right now. Talking about getting traditional financing for 8 months. Stated the equipment certification was happening by end of June. Remember the PR came out in February about acquiring the equipment. Maybe something are not all his fault but certainly dilution totally getting out of hand starts with the CEO and ends with the CFO.
With all the good news does it not piss you off that these clowns are getting ucho shares and feel like we are being lead to slaughter? I sure as hell do. Now if you decide to sell and provide more down pressure these same f-ricken clowns get even more shares if they have more to convert. Seriously something smells as if you take the time to look they labs are not in the same boat as they have notes payable on the assets.
So much potential but the dilution is killing us. Run it as a public company and start running it like a NASDAQ company as WW has eluded to instead of running like a OTC investor enrichment scheme. AS far as I am concerned they gave all their bonus shares to the clowns they had on rapid toxic dial!
The same clowns(toxic financiers) are probably shorting the stock on an offshore account. . Mentioned it to WW and he said it was illegal. Almost crapped myself laughing so hard. Yes it is done all the time.
Don't ya think we need a change? Talked about going to the QX before R/S. To do that you must get independent directors, auditors, and compensation committee. Please do not get bashing mixed up with unkept promises...just sayin
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