Yet another quarter reporting red ink... Wonder how much longer this company is going to hold on... Its funny that Scott no longer posts information in press releases, instead letting his CFO give the bad news for him.
The only upside to this company is watching the pump and dump crowd try and jack up the price on 1500 shares, only to lose it all on the sale of 800 shares. Where is David Dadante when you need him?
Feel sorry for those caught up in the IPOF scheme also, their stock has been frozen for years, which is probably why the company still has any value.
That's the problem with the company, the major stakeholder is - Scott Dorfman, President and CEO. The other major stakeholder is the IPOF fund which is held in receivership and not allowed to sell and stock by court order. To call it a publicly held company at this time is ridiculous since almost 80% of the stock is held by either Dorfman or IPOF.