ron886
Why GLOW will never be like an SBET is as follows. You see
why this GLOW stock is a scam.
1. You may not have known it, but GLOW came out with the idea for Bingo and internet gambling way before SBET.
2. SBET stated they spent 1.8 million building their web sites. That's true and they did it. It may get shut down, but they did what they said.
3. GLOW on the other hand clearly at one point raised over $3.5 to $5 million., they had some big investors and even a mutual fund co at one point (as per business wires). What do they have to show for it. I know for the fact that the CEO is living in some mansion. The web site they had on-line was something any 5-10 cent store salesman could make using a cheap software package. Now, $5 million dollars later the company is no longer on-line at all. They gave everyone some BS that it is because they are moving their web site.
4. Again, the difference between SBET and GLOW, is while SBET was doing work on their web sites, ones that they also moved many times. They stayed on-line and informed their shareholders what was going on.
Had this company been on-line, while all this SBET stuff was going on, it could have road on SBETs coattails for better then $.50 per share. If this company does stay around the first move is going to be to dump the CEO. There is such a move underway. I here.
This company is not even worth taken short in your cash account. Anyday now the whole thing is going to disapear like their web site.
I may even take $100,000 and short 500,000 shares next week. That should bring this stock back down to the worthless penny, it's worth.
K.J.Devine |
