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Don't worry about lost opportunity (Score: 1)
by chipotle_pickle on Saturday, November 29, 2003 @ 09:03:10 UTC
(User Info | Send a Message) http://freehydrogen.blogspot.com | Don't all you UFCT investors own less than half the company? That makes it nearly impossible to fire Patrick, even if you have active shareholders, which you don't. So a buy-back is the best you can hope for.
Yes, it would be unfair for someone to bring on investors, build a business in secret, disappoint their investors till they despair, and then buy them out cheap. Unfair, but uncommon (have you ever heard of this before?). But phony tech investment scams are pretty common. Which one do you think this is?
And don't worry, they haven't built a business. If you invented something really great, would you build them and sell them first to whoever would and could pay what you need to build a business, or hold up for a year so that businessmen in Outer Mongolia had an equal chance as those in more obvious markets like the USA to get a chance to be VARs? |
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Investors, these shares aren't even registered. (Score: 1)
by chipotle_pickle on Wednesday, December 03, 2003 @ 10:31:41 UTC
(User Info | Send a Message) http://freehydrogen.blogspot.com | Yes it's a problem for you that GWE's webpage essentially denies owing you guys anything. But it's a bigger problem that these shares aren't even registered and the company is basically non-existant. There are too many investors for this to be run without registering shares. And not registering the shares isn't a way to avoid "red tape"; it's an effort to avoid the regulators who prevent securities fraud. People, Kelly has planned to rip you off from day one.
Why should you be patient and quiet? You don't have any proprietary information anyway. Start saying who you are and that you want your money back publicly. Tell your investor friends. Write your AG. Write the department of securities in the state you bought the shares. Write your congressman. Write the DOJ. If GWE/UFCT have an invention, they can show it and they should. But if all they have is investors they have robbed, *you* need to show that. Stop asking politely for a crumb of encouragement from Kelly and demand justice using all the tools you have. |
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