Bieber: No Texting, Driving
July 13, 2011 by Post Team
Bieber: No Texting, Driving, Justin Bieber is spearheading a new campaign to stop kids from texting and driving. He is doing this, taking a large stake in a company of sh*t stirring technology that was run by a convicted felon until recently.
“It is tragic that there are almost daily reports of deaths and serious injuries caused by drivers who are texting and driving,” Bieber said in a statement announcing its new partnership with the creators of the software PhoneGuard anti-text messaging . “We have to change the attitudes of our society to texting and driving, and I’m doing one of my personal goals for this to happen.”
Justin Bieber is so serious about curbing texting while driving has become one of the owners of the options Media Group Holdings (OPMG), a technology company indecisive Boca Raton, Florida is distributed technology PhoneGuard. Earlier this year, it issued 121 million shares, 16% of the company at that time-about a penny per share, an agreement referred to in the presentations of the company with the SEC as “The Agreement Bieber. ”
Bieber is not be the first celebrity friends to invest in a high-tech company. But Boca Raton is not Silicon Valley, and is far OPMG Facebook: In May, the former president of OPMG, Antonio Sasso, resigned after a local blog revealed that he had been convicted of racketeering in 2004 for his role in a car-theft ring. The CEO of OPMG, Scott Frohman, also on the board of Money4Gold, Inc., one of those places your aunt sold all her jewelry because she saw an ad on TV during the day.
Given OPMG not have much experience in technology, it is no surprise that the company reported and 10 million in losses last year and has remained barely alive by a series of financing agreements. At the time of its previous annual report, it had enough cash to survive only 45 days. (It has already raised more money, but the company submitting the most recent SEC still raised “substantial doubt” about their continued ability to stay afloat.)
OPMG plan, it seems, is to get Bieber to pump their actions through its new awareness campaign text messaging while driving, along with messages on Twitter and Facebook messages about it. But shares ofanlyst Tim Sykes, who has criticized OPMG on his blog, says that even with links to Bieber, the company is screwed. In their search for funding, OPMG has issued over one billion shares, and any blow Bieber crashed by shareholders looking for a quick exit. (OPMG pitted lawyers Sykes, writing in his blog about his concerns.)
Unfortunately, the young Justin Bieber joins the likes of 50 Cent, Carmen Electra and Shaq in dubious financial entanglements penny penny stocks nearly worthless. 50 Cent is pumped to the H & H open minded investment in Twitter, Bieber camp is a bit smarter, tying their fortunes penny for a public awareness campaign. But shares of OPMG percent is for one night, a. And 05 even after the announcement of large Bieber. Maybe the Jonas Brothers may be brief
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