Saturday, October 03, 2015 7:56:35 AM
And when they blamed the decline of their stock on a "bear attack" they caused a further decline as the investing community sees that sort of attempt to divert attention away from poor, I'm sorry, I mean no performance, as a giant red flag.
People talking bad about a company, or good for that matter, does not effect that company's stock much. Revenue growth is what the market rewards. The only thing. Potential revenue growth is bought but after a few years of that not panning out a stock gets punished hard.
After ten years of not panning out and getting caught in lie after lie and skimming millions off the backs of investors you get here.
Not such a nice place unless bag holding is some kind of goal. This stock can still go down by another 100% and it won't be the first time that's happened for these guys.
If they don't do ANOTHER reverse split soon, look at the chart people, this dog will be trading for pennies and in 10 thousandths of a penny increments. SOON! Good luck.
Just sayin'
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