S'kay, man. Pennyscams need victims. Without victims, pennyscams couldn't exist.
Think of how happy your 'investment' in YIPI is going to make some NY lawyer's Christmas for his/her fambly.
Trials generally cost at least a million buckeroos, MINIMUM - and that's for relatively simple matters and doesn't include appeals.
So don't fret about investor losses in closed, controlled scams like YIPI. That munny is making some lawyer(s), paralegals, court reporters, and process servers happy and able to support their famblies in a better standard of living.
Now, the poor bumbling part-time solo ice pick-wielding assassin/coup plotter din't gett nuthin' butt worthless, unmarketable restricted stock in former shell company YIPI.
Butt the NEXT lawyer will read the court documents and demand munny - a very large evergreen retainer. At the very minimum $50,000. And before trial starts, he/she will bump that to $150,000. And it's evergreen, so the monthly bills need to be paid in cash to keep the retainer at the agreed upon level.
So remember, all the lost munny in YIPI is nott wasted; it is making several families who derive their sustenance from the legal field very, very happy this Christmas or Hannukah. Instead of buying toys for the Marine Corps Toys for Tots drive, YIPI investors have bought nicer toys for lawyers' kids - maybe the high school-age son will get an Audi A6 instead of an A4 for Christmas and the daughter will gett a summer abroad in Spain instead of a three-week trip to the Yucatan.
And of course the gubmint will take a bit more than half of it in taxes, so YIPI investors are helping the lawyer(s) pay down the gubmint spending deficit.
So rejoice in all the good that is being done with the munny that is lost!
