Over the last 3+ years I have spent over $350,000 from my own pocket to keep $SRNW $GVSI and $WNFT current and a going concern. Finding legitimate deals to vend into these tickers has proven to be a challenge for various reasons, including false statements made by individuals. Specifically, one individual, who falsely and retributively claimed--as he has since admitted on the record--that I received $45,000,000 of HUMBL stock for $5,000 and then dumped those shares into the market. This has brought the subject of my integrity into question. Indeed, this statement has brought the integrity of the entire OTC market into question. While I continue to entertain legitimate endeavors for these tickers, I can no longer justify supporting these companies with my own money. As such, I will allow these companies to go into default until I can vend a legitimate and honest deal into them.
This does not include $FORW, who I believe has a legitimate chance of success through its investment in Ligand Global Innovations--Forwardly owns 1/3 of Ligand--and a pending prepaid 9 figure contract to supply portable ventilators to Africa. Of course, as always, this deal is not done until it is done. We had expected the deal to be consummated by now, but dealing with Africa can be tedious and frustratingly slow. We remain hopeful that the deal will be complete during 2025.
And now a word about HUMBL. This company was not a scam nor a pump and dump. In fact, management refused to sell any stock, even though they had an opportunity to fund the company through legitimate sales of shares. The downfall of HUMBL was perhaps managerial errors and inexperience, and the desire to grow too fast too soon. While this may be unfortunate, it is neither ill-intended, criminal nor negligent. I continue to hold the principals in high esteem and trust that everybody involved has learned from mistakes made.
I will continue to call out schemes and scams among OTC tickers with continued 100% accuracy. As always, if I say it is a scam....Take. It. To. The. Bank.
Thank you to those who continue to believe in my efforts and provide emotional support to my cause.
I seek Safe Harbor.