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Friday, April 01, 2016 9:54:48 AM
The first ask is $1, which is a 50% drop. The first bid is $.01, which is a 99.5% drop. Until shares can be sold, it will probably stay in the 10 cent range. Once people start dumping, just to get the loss, I'd look for 1-5 cents. Eventually dilution will drive it down to $.0001 and they'll start all over.
“No one in this world, so far as I know — and I have searched the records for years, and employed agents to help me — has ever lost money by underestimating the intelligence of the great masses of the plain people"
H.L. Mencken
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