GLCP, There was a bit of hype, and a lot of greedy people that bid it up way too fast. Some good DD was done also, imho. Talked to CEO E Gaer, 1 and exchanged email w/him. However, the company sealed it's own fate,
1. reverse split, the shares you owned then would be worth .06 now, most got in at .12.
2. A major reason (if not the only) for the split was so that they could issue more shares.
3. The split had been planned for some time before Boob brought it to SI. While I did not ask Mr. Gaer if there would be a RS, I feel deceived that this MAJOR plan by the company was not disclosed. A lesson learned, but I doubt if he would have answered the question if asked anyway.
4. THE PRODUCT, had (maybe still has) technical dificulties, and is not functioning as designed. DD by some on the board called the pilot customers that reported this.
5.Then they got into the check cashing business. roflmao.
Sh*t, company, Sh*t CEO, Sh*t stock.
Pump & Dump, well I would not argue, but the company did it to itself as well |
