I have a friend that put in a bunch 2- 3 years ago and the main reason I watch it is so we have hope of him getting his money back. The way things look he is up the creek. I have a small amount of stock and it is a 99.9% loss so it is worth nothing.
Have fun and hope you do not have over $10 in this one. I have had stock when it looked like it would be worth something. So low now no t worth trading so guess you can have my shares once it hits $.0001
What is the preferred worth and how much is out ??
You are correct about it being a lottery ticket and we know that most of the time 1 person wins and the others get nothing. Guy in charge of this will win so guess who does not win. I see $.0011 soon and then things get bad. I know a few will trade 5000 shares and draw suckers in and then dump on them so yes the price game is on. Could see $.0030 and then drop back over and over. Shell game
18 month ago when it came out 1000 shares would cost you $2100.00 the last trade was 500,000 shares and would have cost you $1100.00 Looks like it will see 0 soon.
This is like playing Russian Roulette with a six shot revolver where you place 1 round in the gun and spin the cylinder. In this case you place 6 rounds in the gun and take your chances. Guess about the same chance of winning.
3 or 4 guys making the market with small trades. Yes they will walk it up and who knows how much and then _____
Someone has been working this stock a very long time. I have followed since the day it came out. I am sure it will run up and then drop more than once.
In case any are new this is how they play the game. You understand how the good cop bad cop works. One will be you friend and get you thinking you can trust him. In stock 2 or 3 guys buy and sell small blocks and run price up. People listen and see it taking off and they jump in and then it drops and you are in high. Works all the time.
Do not know about being halted. I just got out about 1 hr ago so did not have any trouble getting out, Lost money and that is the way it goes. Out at $2.00
I for one have had stocks like this and you just move on when the $%#@ hit the fan. Win some lose some and fight another day.
Hope you are correct as I have a friend that is in and I hope he can get a return. My shares are not worth the paper they are printed on so what I have in is gone. Friend got in a very long time ago and only hope it does make it so he can get his money back. I do think it will take a pop and if people time it correct money can be made. It can also see 0 so good luck.