"People invested on the basis of what you said at that time.  I'm no lawyer, but ......"Oops" doesn't cut it. Make a news release clarifying what is or is not happening."



He is not legally obligated to do that and I will explain why in ' Laymans language'.

There is a little thing called "Forward-looking statements". These type of statements can be spoken without the speaker being held accountable to any of it. They exists so reputable companies can speak a little of the cuff without being sued if the events do not happen quite as expected. Unfortunately this provision is abused by less reputable companies to tell just about any lie in the world without ever having to own up to it. In order for a statement to be" forward looking" you just have to spice it with the standard uncommitted optimistic words such as (but not limited to) "Hope", "Believe", "Expect", "Plan"..etc. Once those words are in the press release then all accountability and ethics go right out the window. You are left with your own common sense, experience and research to tell you whether you should be rejoicing in the news or slapping on your hip-waders....Caveat Emptor


The following are a few clips from the bottom of their January press release. As you should be able to see, he is not legally obligated to give you the time of day.




The results or events predicted in these statements may differ materially from actual results or events.

There can be no assurance or guarantees that any statements of forward-looking information contained in this release will prove to be accurate.

Actual results and future events could differ materially from those anticipated in such statements.

These and all subsequent written and oral statements containing forward-looking information

 betterU disclaims any intention or obligation to update or revise any forward-looking statements,