Connexus Corporation (CNXS)

[doglover1]

I only had 100,000 pre-split shares at .0004 ($49.00 includes commission) so my hurt here was only a scratch. At the current price, for me to sell here would make no sense as the commission would cost more than I'd get for my 100 shares, so I'll just hold 'till oblivion, which I don't think will be long. I have a good 'till cancelled to sell at .30, BUT IT WILL NEVER GET THERE.

Yes, this was a scam, for sure. I posted a couple months ago I thought the CEO went to a stream somewhere with a pan and panned for about an hour and that was the extent of the gold 'EXPLORING' each year for this company. It's now a zombie, falling into its grave for the last time. Absolutely no hope here. I buy a couple 'pinkys' at a time and NEVER put more than 200 = 300 (unually much less)in because I learned years back that 95% of penny stocks are either scams or unsuccessful within 2 years. I catch an occassional winner which USUALLY (but not always) makes up for several small loses.

Anyway, good luck to you on your next stock purchase - unless 'never again' means no more investing. I personally never have more than 1 - 2% of my investments in 'pinkys', and only then for rather short periods. But to be honest, it's rather stupid for any of us to be putting money into crap like this, ME ESPECIALLY, because I'm retired.