Monday, October 05, 2015 6:34:30 AM
This is like building a really appealing website that is customer friends but having no products to sell.
Instead of having given MFG tens of millions of shares to pump the stock in investment magazines, he should have used those shares to get some musicians and bars under contract to run events that can be filmed. His behavior proved that he has no intention of doing something positive to generate revenues.
If you said you were going to gamble like one would at a Vegas table, I would know your point, but to claim that this has absolutely anything to do with fundamental is completely ridiculous.
Practically no one here bought at 0.20 or any where near it. If you took your time to look at the chart, you would know that such a claim is highly unlikely. Although the stock was once as high as 0.35, less than 1/1000000 of all transactions occurred above 0.05. Many here long term, bought and sold and bought and sold on a number of occasions years ago. Thus, it would be hard to figure out the overall purchase price. I am in, on the shares now in my portfolio, at less than 0.04, having bought an sold on numerous occasions.
The detractors here are detractors not because of the price at which they bought but because of the fact that this is a scam. You do not want to accept that because it doesn't fit your tidy little world that this is a gold mine.
The statement "OS is good, float is good" is pure rubbish. These are nothing in an of themselves. They are something only in relationship to other factors already discussed elsewhere.
What else can you ask of a sub-penny? The same thing you can ask of any stock: that it is an honest company behind it, not just a scam.
There is not one disgruntled ex-employee posting negatives here. And if there were, that should be a clear signal to stay away. Paying attention to pie-in-the-sky statements by management that has been sued more than 100 times during the last 25 years over the caveats of many others is a recipe for disaster. The kind of statements you are making have been made by many others in the past when the stock was much higher in price. They, like you, ignored all the bad things happening here.
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