Post by
TheLandedEagles on Feb 09, 2024 2:19pm
Debt Conversion a FARSE!!!
That's right ..large debt,..over $550k..owed him, or should I say his numbered company. You have to ask...How legit is this debt and what services did his numbered company provide TCF. He already gets a very large annual salary over $500k, plus bonus, options and rights...which is an outrageous expense amount (debt/services) for this Penny Stock. Dont forget last Augus and the heavy insider selling, which CEO sold over 1.2mm shares or so. Along with his management team. How dumb does he think investors are ...Investors will see this as legal transfer and conversion as a means to line their personal pockets further with cash and shares and later dump them into the markets as we all had seen..Have seen it all before...they all do it...and unfortunately they all get away with it...So sad..everyone, please do your DD on this company..CEO has engaged in this activity for a while....can only see this go to under .10 cents within 45 days or sooner, in my opinion...No significant news releases to come out anytime soon, as we can currently see..maybe late 2nd quarter..and may be Bads News..no one can really know that. This is my opinion..only have seen it so many times. Be careful, my advise..Learn as much as you can and look to the down side potential and risk to lose your entire Capital..Just my Opinion...!!! Just go look back in the past 2 years...and see all the broken promises by this CEO. Good Luck!!!