Actually, I do realize there are risk involved and no guarantee of ROI, or seeing any of my original investment back at all. I believed in Bill and his idea, or I wouldn't have jumped on board. As Rod said, it's something needed in this day and age.
Where my problem lies with is, the complete lack of communication after his word was given when the original investment was made. That's where in the very least I feel Bill failed. This all stopped fairly quickly on. While I say quickly, I say three years later. But, I had to ask and there was always what started to feel like were excuses and not reasons. The same one Jeff got about the current political climate. We are talking six long years, not six weeks, not six months, but SIX LONG YEARS with no updates other than a text here or there prompted by me asking what is going on. If we waited for the perfect, or even decent political environment, it would never go live. Occasionally early on, I would get an article about GOFBA texted to me. They weren't from any leading authority, or known outlet but from a website that anyone (including me) can go on and publish articles on the web after signing up for an account.
I was told I would have a stock certificate within 30 days. I filled out the form and sent my $35.00 payment promptly as instructed. Still no stock certificate. I asked Bill and was told to ask "Shirley". I checked with her repeatedly, and never got an answer, except one text with a link to yet another bizarre online article. This turned to ghosting eventually and I gave up.
Again, this was six years ago folks. There is ZERO reason that include breaking of any possible SEC guidelines for giving the people investing in you and your company regualr updates on missed promised deadlines. Just like anything that has been done here along the years, communication is key and goes a long way towards preventing misunderstandings.
That being said, the complete lack of communication makes one wonder and start to see and look into things that make one go "Hmmmmm!". Even still, I kept wondering, "am I wrong, and there's some sort of explanation?" A lot of things don't seem so transparent, or just seem odd.
First there are the three lawsuits. I knew about one up front before even investing, and asked Bill about it. Was basically told it was sour grapes, and given the impression it was only one person. But now, when I go back and read, there are several names listed on that lawsuit, with Sharlene Chang being listed as the primary name I see on there.
Second lawsuit is the one MX posted asking about. This one with Manhattan Telecommunications Corporations alleging nonpayment in the amount nearing$180k.
Third lawsuit is Cogito Software Solutions for almost $1 million. Now there's always two sides to these things, but the verbiage says "failure to pay", and the response is that "Cotigo doesn't appear to be a business registered to do business in California."
What does that mean? Were services rendered and GOFBA failed to pay? Or, looking for a legal loophole to get out of a contract early with Cotigo? I don't know.
I've had people help me in the background to research, that do web design, and SEO work, all tell me I'm in denial. These aren't hobbyists, but people who do the web work and SEO (search engine optimization) for multi million dollar companies like our Infinity's Healing Natural Oils.
They all say there is virtually no traffic going to the site here in the USA or China where there is supposedly 45 million users.
I've checked myself with web trackers and didn't come up with anything, but wanted to be sure a mistake wasn't being made.
The only excuse for that would be if tracking wasn't done right on GOFBA, but that would be a "mistake of monstrous proportions" on their part and a hard pill for anyone to swallow.
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Then I had another professional do some other research. These are some of the responses I got from her.
"It shows how the site loads in China. According to this, GOFBA takes more than THIRTY FIVE SECONDS to load in Guangzhou, China."
"AND... it doesn't display Chinese characters that I can see. The site appears to load in English, even in China."
"Can't see something like that having 45 million users, if it is not in the native language."
She researched all the search engines used there such as Sogu, Baidu, Shenma, Youdau, etc. again, GOFBA can't be found, yet there's 45 million users there.
Friends that I have that still have family in China, and no one has heard of GOFBA.
Anyone ever notice the same ads for Carters, Subway, Jamba Juice, Rubio, and Blaze Pizza have been running for a few years or so? I was told these are nothing more than plug ins and don't appear to be legitimate ad campaigns. They also load in China where these places don't exist.
It was pointed out to me that a large website bringing in a huge amount of traffic is going to have a much larger amount of ads, and a higher turnover of campaigns.
Then there is the corporate address. Had a friend in the area drive by that office complex before COVID in 2020 hit. Described it as just a big empty office space.
Fast forward to today, GOFBA just listed their address on SEC quarterly filing ending March 31st 2024
"Our offices are located at 3281 E. Guasti Road, Suite 700, Ontario, CA 91761, telephone number (909) 212-7662."
When I called the business listed at that address, they don't seem to know anything about a company called GOFBA.
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Oh! Then there's Sunray Trust. Apparently, GOFBA pays Sunray a large monthly sum for computer tower leasing. The lease I found online for 2020 was for $87,516.00 monthly. People I talk to that are familiar with these sort of things say that this is large corporation credit card company type of shit that you need to pay that much monthly for data. When I look at the lease agreement, it shows Anna Chin (Bills wife) as the trustee or owner for Sunray trust. That seems like a huge conflict to me! Makes me wonder if GOFBA is a shell company being used to funnel money into Sunray Trust.
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Now, I could think of thousand$ of reasons why I would want to be wrong about all of this, but things just seem a LITTLE off and can you blame me for wondering?
