Well, technically, he is keeping that promise. Because the money didn't go to real estate. He invested in Mark Kirkland's Mark One Foods, which patented the idea to make this....
Folks, take it from a Japanophile -- this isn't the strangest thing to come out of a soft drink can. Or even the most solid.
Rest assured, this isn't a drink like that nasty smelling "Turkey And Gravy" Jones Soda (thank God I can't drink soda!). It is an actual sandwich, but instead of a paper wrapper, it's in a can. This guy also allegedly spent the money developing French Toast In A Can and Pepperoni Pizza Pocket. (I know, a patent for putting a sandwich in a can? I made fun of McDonald's for trying to patent making a sandwich, and I'm making fun of this.) Investors got suspicious when the phone lines to Waterford Funding were disconnected.
Now, the SEC is filing a lawsuit. This guy may be going in the can himself.
