New deadline----Feb. 28, 2021.... | TEUM Message Board Posts

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Msg  1789 of 1802  at  2/12/2021 8:21:29 AM  by

LDM


 In response to msg 1787 by  jfuentes39
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Re: New deadline----Feb. 28, 2021....


  First, it's been 14 months---they identified in late 2019 the owed for all of 2019, and they also now owe  for all of 2020.
 
Yes, it is material information that should be published, but they were kicked off NASDAQ for not reporting for more than a year. They are now on OTC-Pink. OTC-Pink does not require reporting anything.
 
Re communicating with Investors, why would anyone trust what they say. Even before they admitted to filing bogus financials, I, and others, noticed that everything they published was nebulous fluff. I have an engineering background in electronics, computers, and telecom, and I couldn't tell anyone exactly what they were doing or how they were doing it. They would say that a contract would give them "transactional revenues" (pay by user per month or use) then posted revenues (bothpresent and future) that indicated nearly every one of the "contracted partner's" customers were using and paying. They did that with the Wifi BS.
 
They wouldn't be paying creditors with shares of stock if they were/are making money---think about that for a second.
 
These people have been pulling the wool over the eyes of the gullible (and non-technical) for years with Professor Irwin Corey-type smoke and mirrors double-talk. (for you youngsters out there he was a popular comedian, during the late 60s and early 70s, billed as the "World's Foremost Authority" and used speedy double-speak and talked in circles to regale his audiences).
 
"It is easier to fool people than it is to convince them they have been fooled"...Mark Twain.


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