I told you so! What’s next ? 10:1 Reverse split ? Where did the 10 million dollars go ? There was absolutely nothing achieved, but unfortunately 10 dollars are gone in less than 2 years. I told you so, I told you that before year end they sell properties or raise money. Well I guess there is nothing of value to sell, so they raised money and will continue doing so to support their lifestyle. Get out before is to late, this crook will never stop destroying whatever shareholders value is left. Here is my post from several weeks ago:
I totally agree with you, that is exactly what happening here. David Grondin is doing exactly that, and he will continue doing it until he retires. Unfortunately, we the stupid idiots are supporting his lifestyle. There is no reason for him to stop, he will continue to pay himself around 200 thousand a year plus bonuses while poor shareholders loose their hard earned money. David Grondin is the biggest crook I ever seen. Tomagold had over 10 million dollars in cash and cash equivalents, today has zero. By the end of this year they would have to raise money or sell properties, not to build shareholders value but for David to pay himself. Stop paying for David Grondin's lawish lifestyle, get out before is to late. This is a fraud, nothing good is coming out of it.
I totally agree with you, that is exactly what happening here. David Grondin is doing exactly that, and he will continue doing it until he retires. Unfortunately, we the stupid idiots are supporting his lifestyle. There is no reason for him to stop, he will continue to pay himself around 200 thousand a year plus bonuses while poor shareholders loose their hard earned money. David Grondin is the biggest crook I ever seen. Tomagold had over 10 million dollars in cash and cash equivalents, today has zero. By the end of this year they would have to raise money or sell properties, not to build shareholders value but for David to pay himself. Stop paying for David Grondin's lawish lifestyle, get out before is to late. This is a fraud, nothing good is coming out of it.