A Factual Quote from a Fellow Board Member MMFor all investors and potential investors....you need to be warned that there are accounts on this board (DavidRosenberg & GreatGabbo in particular) whose sole purpose is to mislead you into believing that there are no issues with FSD and it's a solid investment.....and that the new CEO, BoD, and Management are squeaky clean.....this could not be farther from the truth.....they will post paid PR videos, bios, press releases, and all kinds of BS info intended to put FSD in the best possible light while leaving out glaring examples of past mismanagement, incompetence, suspicious dealing, and misuse of investor money such as the Management and BoD rewarding themselves despite their pathetic performance and the SP losing 98% of its value, costing investors millions of dollars.....they authorised the payment of their annual salaries in advance.....and many other examples.
These pumpers will tell you that Anthony Durkacz and the other members of the board were not responsible for any of this as Raza Bokari was the CEO at that time.....what the pumpers fail to mention is that the BoD allowed the corruptive actions to take place for 2yrs and were complicent in all of it....they will also try and convince you that AD and the "Concerned Shareholders" swooped in and saved the day removing Raza as CEO....but again they neglect to mention that they waited 2yrs to act and only did so after the Lucid deal was in place where they required FSD funds for the purchase.....DavidRosenberg has stated in his posts that it took so long because they had to go through the legal process which takes time....this has been disproven as has all his claims......their response is that those of us that call them out are bashers and shortsellers which is a typical pumper tactic when they cannot defend or justify their statements or counter ours.
I can't stress enough to do your own due diligence and put a very fine microscope on FSD before you consider investing.....I am not attempting to dissuade anyone from investing in FSD....I am an investor since 2018 and want my money back so I hope they are successful in their efforts......I am asking that you make an INFORMED decision before you do... taking into consideration all the facts and not just the BS that pumpers like DavidRosenberg and GeatGabbo are trying to sell you...and trust me when I say they are salesmen and do not have the average investors best interests in mind and IMO have a relationship with Anthony Durkacz which makes them UNRELIABLE at best. Rosenberg was offered shares in PUMP (another AD stock), which he states he refused, but in the same breath he claims that he does not have a relationship with AD or First Republic. You will make you own opinions of this company and these users pumping the stock and do what's in your best interest. Good luck!