I've been reading the posts and have finally created an account to share with you MY belief on this stock:
Like any other penny stock, it'll take time before we see any kind of solid return. I am very optimistic seeing the DD provided by others. This is what I bring onto the table:
I e-mailed "Mo" and he promptly responded within an hour and, to be secure, I'll share with how the conversation was like:
ME: "Please provide some information on why long-term holders should continue having faith in a company that has lost a great deal of their holdings of this equity?"
Mo: "It took us 5 years to take this company to the place it is now. We are now finally setting up deals that should reinforce our bottom line. Why would we risk all the $$ spent in the past 5 years for a measly 25k (assuming we're diluting)? I have put several millions behind this company and I stand behind it firmly. Raising a company is like raising a child. You don't let others tell you how to raise your baby."
With this being said, I completely agree and hope you guys have faith. Average down only when the price is right and don't get caught off this train. Next stop, the BANK!
- B