Yes, you are wrong.
The first financials have to be those from the PWPH split, those ending on June 30th and remember the co-founder of PWPH is in jail for tax evasion, as I hear it. So we are waiting for the first financials and the company that PWPH merged with last year was TACN, now defunct, never any financials, promised all year. These promoters play with us, they get free shares on great promises to the private companies. They make money and then merge with another shell. There is an active SEC investigation of TACN and probably the SEC has DCGR targeted too. It takes 1-2 years of backlog to get investigated.
So we need financials representing the merger of June 30th, then we need financials for the rest of 1997 and then they can get to 1998. This is so unlikely it isn't funny any more. Face it guys, we have all been duped.
Remember the shareholders meeting, they promised 1000 distributors by June 30th, 1998, where are they. They promised an Affinity Cigar Club. They promised a Legends contract. The appointed Freddie Barnett to PR. They promised to sell their $5 million of donated art. What is the status of all this?
When the PR firm sent me their flyer of tooting their horn to investors, it mentioned several contracts or letters of intent, worse yet, that have yet to be put in a release, case in point, the Macy's contract. And remember they are getting 3.5 million in options for a mere magazine ad. You can imagine what they got when they signed up with DCGR.
My opinion of course. Do your own DD. |
