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Nano Labs Corp. Message Board

  • cons_have_knee_burnz cons_have_knee_burnz Feb 15, 2013 10:10 AM Flag

    Let me get this straight

    This guy paid himself 101 million shares for the rights to "his" paint. At present share value, thats about 55 million dollars. Anyone here think it would be a good deal if the company had had that cash, and paid cash for the "rights" to someone else instead of shares? Such an obvious pump and dump. ! full time employee, 1 part time employee. "buys" his paint off himself for 101mil shares. Is there any papers or studies to show that shareholders are getting any value for this? Even after that huge expense, the single employee doesn't concentrate on commercializing that, but instead heads off in a million other directions. What a joke.

    Sentiment: Strong Sell

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