Well said JD! I am one of those that lost many thousands in TIV believing many hyped stories from PR's, Opus insiders/money raisers, and video's (from investors)with property photo's displaying Tiv's logo at the beginning of each video. Yes it turned our to be quite the pyramid scheme in my humblest of opinions. The fact was that many opus investors brought in their friends who in return brought in friends of friends, relatives of friends, street corner bakers, massuse's, asphalt layers, groundskeepers,...... and any one else that could be sucked in. When each new "project financing" came through from the "money raiser"(turned out he was breaking the law), the same amount invested in "projects" needed to be bought in stock on the open market. This was the mechanism that created the "bagholder" effect allowing hundreds if not thousands over the years to lose hundred of thousands if not millions of dollars over the decade. All you had to do was play the "pops" and sell into the hype, short it back down and margin account it back up. Was inside info disementated? I don't know but the former CEO is currently being investigated by the S.E.C. for insider trading so you take a guess. Must be how the racket is run on stocks. Pretty cheap lesson I have learned but would love to see those involved see jail time.
In the end I jumped my few thousand over to MUX at 2.78 and that my friend is THE ONLY silver lining to this story. Please post if anyone hears about anymore cases brought against TIV's managemant.
Underwater too!