TSXV:POI.H - Post by User
Comment by
ctblizzardon Nov 05, 2016 10:45am
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Post# 25427676
RE:RE:Ive heard
RE:RE:Ive heardGood post, you missed mentioning the not so real "offer" from Mr Beals and "Quest Ventures" which allowed someone to get out of a lot of stock at a profit.
Unfortunately the path these guys should have take was to grow the coupon app which was marginally profitable not count on people taking pictures of others wearing clothes to see where they can find them in stores. Too capital intensive and not a valid market. Stores signed up so as not to be left behind but no profit in that business and huge cash drain.
The not so real offer was perhaps the most interesting thing ever to hit any stock that I have seen.
Buyer claimed management did not respond to calls. Sites set up to talk about 10 million investment in "Red Peach Gifts". Red peach has a facebook page selling popular items but did not deliver them to people so they complained on the page. The CEO , supposedly some Luke Fillion guy, former Goldman had a page on a capital raising site but the picture was of a Singapore Architect. The cover photo on the facebook page was taken from Baby Dior. The Customer service girl claimed to be engaged to Luke the CEO on her personal facebook page. The picture of her engagement ring was taken from a jewelry site. She was also using fake pictures of a Brazilian or Argentinian model. On the page the "Launch Party" pictures for Red Peach supposedly at the home of the CEO Luke were actually taken from the Launch party for Pure Leaf tea.
Someone got out of this stock and made money on that run to 30 cents . And it was on helluva a gig to do all this.
Many of the people pushing this stock here as if they owned it , never really owned it either. Trolls trying you to help other people get out of the stock.
This whole exchange is a joke at times in my opinion. This company had something good with the coupon act. Everyone is short on money and coupons were growing like crazy. If they just spent their time and resources on that.
Sorry to any legit peeps that lost money here.