1/ Story to tell by 19 year old founder
2/ Told investors that they received $100m in payments from US military when it was only $100k
3/ Investigative journo was one of the first to bring attention to the stock
4/ They had big name board directors
5/ Said the product worked - which it did not
If uploading videos to YouTube is how you are going to assess and value the BIG business model without any idea of what has been paid for is entirely your decision. The women in question fooled a great number of smart people but must have had company execs around her, who for only reasons of greed one would assume, went along with her.
From the outside RFG, GSW & BIG appear to have carried out some less than honest business practises which have or will negatively financially impact on their shareholders and customers.
If nothing had to be fixed why did the Chairman and Company Secretaries depart? Someone had to take a fall for incorrect behaviour.
Have a pleasant weekend and hope you get some good news soon.
BIG Price at posting:
$2.22 Sentiment: None Disclosure: Not Held
