Tuesday, January 19, 2016 8:29:45 PM
I would use extreme caution investing here until test results begin. That can still be years away. Mr. Culley has more than quadrupled share count in the last 5 years, along with several offerings, a reverse split and countless failed tests. The price of MSTX shares during that time has dropped almost 90%. At the same time, Mr. Culley has repeatedly printed himself more shares at investor’s expense. You cannot find another company losing 90% of value in a 5 year period with CEO giving him self a 70% raise in the same time period.
He uses “Twitter” to update vacations, golf event, and outings but seldom has time to update investors on the company web site. The last update was May of 2015.
MSTX added a second pipeline last year. The past pattern has been "failed tests but a better future is coming." Snake oil in the making. I really hope he proves me wrong, but thus-far I am batting 1000 with predictions about this company.
This stock is nothing but a micro-stock mirroring the US government. Taking from all to feed itself with nothing but a loss in return.
Recent MSTX News
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One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM