Regarding BLGO who publicly sued a critic (me), I wonder if they have sued another?
I have not checked the court filings. But I noticed another long time critic that came along after I stopped using such words as scammer & criminal when referring to the CEO.
He does not use those words. And when he initially started posting over there, I got a certified letter in the mail saying I was him and that our writing styles were the same, and threatening to I guess sue me again if I did not stop.
I responded by email that it was not me and I have not heard back from them. And I have continued to post from time to time, again, this time around not using the words scammer & criminal when referring to the CEO.
I have called posters those words because I believe they are. Mostly though I left the truth telling to Wil.
Now, his posts are gone and he does not seem to be posting anymore. Unless I accidently ignored him or something?
This makes me want to crank up my truth telling about their 15-16 year history of failure, lies & massive dilution.
I still can't get over how the SEC sits by and does nothing while this company continues to draw in idiots with massive paid for hype all over message boards and twitter and elsewhere.
They have managed to post a little revenue which is surprising but their massive losses just continue as well as continued dilution.
And now they are talking about another reverse split. But to make it more palatable, they are saying they are going to try to get a Nasdaq listing this time.
I find that preposterous but I would like to know if there is a mechanism for me to let Nasdaq know of their history of lies, massive dilution & so forth?
On one hand, I doubt Nasdaq would touch them even if they met the $4 price requirement but if they did and I could have done something to stop it, I will feel terrible.
I guess I can call over there and ask?
This will be their 2nd reverse split and at lease one poster and another poster who is a paid tout both said I was lying and they never had a reverse split. They also said I was lying when I tell of the entire history of the company including their prior Nasdaq listing and their IPO.
And when I went to the SEC website to pull the IPO filing, I found out the SEC filings only go back so far and I could not access the old ones.
But it just goes to show how far the paid touts and purported unaffiliated longs will go. Flat out lying about true facts just to discredit a truth teller. They also claim I post using dozen of monikers which is garbage. I think I have used 3 in the last 10 years. One was my original moniker, then yahoo did something and my online moniker changed to "Never". It was not something I did. And later I started posting with a different moniker, nt , because I could not use 2 yahoo accounts without switching back & forth or using a different browser.
My original moniker was smaycs4 but for that email account, I had entered the name Never Mind for its email. When yahoo did something, smaycs4 became never and the touts jumped all over me for having dozens of monikers.
If I did not object to the company so much, I would probably get in on one of their many private placement deals because they are essentially guaranteed money. Unless I guess if the SEC shuts them down or they close down for lack of funding. Every time they issue debentures that are convertible, they guarantee the holders they will lower their exercise price if they issue more at lower prices and of course, they always do.
(Toxic is the term I use)
And one time, the CEO had the nerve to spin this as a positive by saying they like it when shareholders make money. Well, except that for 16 years, 99%+ of retail shareholders have lost money by owning the shares. LOL
99.9% of their PRs and touts over the last 16 years do not show up in 8k's.
The thing is, in the early years especially, their PRs all sure sounded "material". They were designed after all to sell stock to suckers.
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