A few years back, as I was following Tim's rebuilding of his trading career with the blog, Livestock and so on, we also had a webinar or two with Tim (another couple of great ones by DarthTrader - where are you?) about doing research on the shady companies...

...like putting their address in Google Maps and then using Street View to check the area, and sometimes it was a common address front for several businesses, etc... all very hilarious.

Now, this company, HMNY, supposedly is in a suite in the Empire State Building - impressive...

And the press release says they serve Fortune 500 companies.

They do Big Data,

Analytics,

Artificial Intelligence,

Deep Learning (!).

All the buzzwords, right?

 

Thing is, I actually code these things, and never heard of this company ever in all of these fields.

The website looks like it could cost $5 to put online (I swear you could probably find someone on fiverr to do it).

They lifted part of their text from a book on analytics.

There's no pic of any of the team members.

None of their products either.

If you're so good at AI, analytics and Deep Learning, why are you announcing mergers with a company which did an iOS App instead of coding it yourself? After all, it's just a geo-fencing app with a crowd-sourced input and a form of messaging, nothing that can't be coded in about 3 days in demo form with Google Maps, the Slack API and Node.js and Socket.io, Passport.js and MongoDB, right, RIGHT?

 

:D