carusso
4 weeks ago
If we allow that their initial plan to monetize Ramβs patents was valid, this did not begin as any kind of scam. Where things seem to have badly gone wrong was in the business model to monetize the patents, and the inability of their legal teams to enforce the patent rights. Too many bigger fishβ¦Thus the failure of revenues.
What became intolerable to many since 2018, however, were the misleading public representations made by the executives and a few affiliates, broadly defined. And then the continued demand for salaries that were not justified by revenue, while harming average investors with Reverse Splits and dilution, while rewarding a few βchosen onesβ with preferred stock at the expense of everyone else.