So its 3:00 was just on the Phone, Dan was not there to take any phone calls. The secretary was very nice. I asked is the Company dead? " She didnt seem nervous at all, but simple replied no and laughed." Next I asked," Is the company going bankrupt?" She said she cannot answer that question. Hmmm. Lost a lot of money here. But if you read more and more. The company isnt dead, it had to make the price lower so the debt holders could have more value. Also they needed to sell a certain amount of shares. If it was at 30cents, they wouldnt have been able to sell as many and make money. Simple key to note is the company is on its way back up. They had to allow the big investors to move in. They have done so and moved it and are going to hold and buy more and more. Hold your stocks. this baby is going to move, I hope everyone is holding what we call a Bag holder. lol its a good thing, just hang in. Seems very rough, but it is. Its hard to buy now, so good luck if you can buy more shares.
" Its hard to buy now, so good luck if you can buy more shares"
excuse me-are you ok???
that is one of the huge fraud companys who sucked and still suck shareholders money.you can buy tons of this rubbish.
this thing as dead.
more than 30 million will be needed in the next weeks.
offers are not successful because nobody buys this sh[it]
huge problems to payback the debt.
finally big financial problems and file bk will be the end.
youbshould not be investing real money. You know nothing about capital structure or how to even value a company. The destructive money raising practices of this company will prevent it from ever being a success to shareholders. you cant not keep issuing shares at ever lower prices ....it destroys any value..Its not the number of shares they need to sell.its the amount of money they need to raise..the higher the share price the fewer shares.the better for shareholders..They are all idiots
wrong way. went from 22 to 27 cents, not 30 didnt get there. lol. then to 18 by buyng more, have like 16k invested. now i'm gonna have to push 32k to get it to 9, but hard when no one will sell. been in harder situations but we'll see.