Quote:
Originally Posted by lazycash
This is the first I've actually seen him admit that he improperly estimated what it would cost to develop an operational cam site. He scoffed at most of us when we tried to tell him the amount of money it was going to take. I'm actually shocked that he's been able to get 129 people to buy shares. Sad thing is I don't ever see those people getting a return on their investment, wonder if he offers some kind of guarantee should he never end up developing anything and just sells the domain.
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come on, you know better. Do you really take his work for it and believe that 129 people really did this. He could put any number up there and can add a couple to it every couple days. I would be shocked if 1 person did it. He is obviously lieing. I wouldn't be surprised if the day the page went live he started it at 100 and then just added a couple to it every couple days. No one want's to be the first person to buy, so he is doing the typical "its too good to be true" bs = hurry and get in before it's too late, look everyone else is doing it.
No doubt if anyone does do it that it will end up getting him in trouble with the FTC (if he is in the US) or some type of lawsuit. I'm tempted to let my attorney look at this and see if there is a angle I might buy a share so I can sue his ass later and take his domain away
