I know many of you aren’t going to like this but I need
I know many of you aren’t going to like this but I need to get it off my chest...
Jason said... “I'm sure his (Mr. Owen’s) organization has better things to do than spend their days answering questions about Utopya.”
I say this...
Maybe if Utopya didn’t completely cut off communications with shareholders, folks wouldn’t be trying to get answers from others associated with the company.
Clearly Mike Starkweather made grand promises while pumping the hell out of this stock. Obviously he very clearly failed to deliver on these bogus promises yet Jason makes no mention of this while constantly complaining about shareholders on social media (immature at best, delusional at worst).
- Why did the OS increase by about a billion shares during the month of January? Mike said the OS would only increase due to investments from friends and family. None of those billion shares were the result of friends and family investments.
- Where is the promised transparency? The company stated in a PR they pride themselves on transparency.
- Where are the promised share structure improvements? As I recall, Mike Starkweather told me he needed about 30 days from the end of December to sort this out.
- Where is IR? They disappeared without a trace.
- Why is the TA still gagged? They promised to remove the gag months ago.
- Where is the promised ticker change? February was a long time ago.
- Where are the agreementS from the CES? The lawyers have been reviewing these since mid-January.
- Whatever happened to the CLEC Acquisition and the Acquisitions CLEC was going to make within 10 days.
Lots of words, no action.
True, there are a lot of good verifiable facts with ANDI / Utopya but there also a lot of unmet “company-set” expectations and many unanswered questions.
With all of this, Jason has the nerve to publicly chastise shareholders on social media while still ignoring the elephant in the room. Like Mike Starkweather, Jason is whining because investors are trying to hold then accountable.
It’s truly shocking to me that Jason can’t seem to understand why investors might be a little upset. If the company would have simply explained, acknowledged, or said something-anything about the unanswered questions... but nothing.
I understand they may not be able to say much and I respect that. However, I cannot respect cutting off all shareholder communications without explanation. This is completely unacceptable as they are a public company.
They ask us to trust them and the process but fail to deliver. Then they go silent. Trust is a two way street. Blind trust in the OTC is a recipe for disaster.
Either Mike Starkweather flat out lied or he didn’t know what the heck he was talking about. Neither one of these is positive.
I’ve given the company the benefit of the doubt for a long time but seriously, they need to start delivering on their seemingly empty promises.
To be clear, I think the phones are real and the business opportunity is real. However, based on the company’s demonstrated lack of respect for shareholders and unfulfilled promises, I no longer believe the company is acting in the best interest of common shareholders. I could be wrong but I’m at a point where the good no longer outweighs the bad.
The company needs to come clean and start delivering. I’m on the sidelines for now but still watching and looking for a reason to get back in.
Good luck.
7
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