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Star Bulk Carriers Corp. Message Board

smearjob 1 post  |  Last Activity: Jun 2, 2015 3:22 PM Member since: Jan 4, 2000
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  • smearjob by smearjob Jun 2, 2015 3:22 PM Flag

    After having called Gtso's Wallace Brown for the last 3 weeks, I got a call from a wise-guy from the company who said he he was the CFO. First he acted peeved off for the fact he called me 15 times today when in fact he called me 6 times. Then he told me he has called me 40 times on my ATT cell phone but through phone tracking I knew he was lying. I brought up the fact that the company has been putting out notes convertible at one cent per share, and in spite of horrendous reverse spits over the last 5 years, the conversion of the outstanding notes remained at one cent a share and and did not suffer any consequences in spite of the reverse. The idiot who called me explained that these unidentified note holders took on enormous risk and deserved a good payback. My calculations tell me that a 20000$ note investment today for the note holder would bag a 40 to 1 payback immediately based on today's stock price. A cool $800,000. I questioned the idiot how they could put out 8 rosy news releases since April 8 and disclose recently they have nothing left in their cash accounts. I color this a scam run by crooks and I foresee them paying a heavy price and hope for a strong civil suit followed by criminal undertaking.

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