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Tuesday, April 08, 2014 3:16:16 PM
I appreciate your response for I know you're doing your best to help others recognize the potential trap that comes with participating in any OTC or pink tradable.
Fairly up-to-date financials are out there, I saw them. I think it was at the corporate website.
I'd imagine many of us are in the money on this holding. The choice to bail out or hold is an individual one, to be sure. I tend to dismiss putting management on a pedestal and trying to convince myself or others that people on pedestals deserve respect and---above all---my trust. I trust in just one thing when it comes to investing: Profits and profits alone. At this juncture, with 2.5 mil. shares in tow, my position is valued at $29,600 with $12,600 representing the profit side. That said, I can't view CEO Miller with a skeptical eye for my gain is not due to anything he has done for the shareholder. His actions, be they PRs or behind-the-scenes moves designed to bring this company closer towards compliance and, thus, credibility-----all are no more than a trader's tools to be used like meat thrown to a lion in pursuit.
In short, there's one person responsible for my gain. As stated in literature, I am my own captain. I see a caveat in that: Trust only the eyes that see others, meaning your own. Why must I trust Mr. Miller? He's out there to promote a company, isn't he? And isn't he doing that? It's not his job to coddle me or reassure me that my investment is a permanent one. I'm married to a wonderful woman, not a company and certainly not a man! I know every hour of every day that I've got to take responsibility for my actions. Whether Miller chooses to operate on the greater good basis or not remains to be seen, at least by me. For now, however, I sense promise even if only in the eyes of other investors. I could close my position a moment from now and walk with a sweet gain. I choose to stay here because it's fun, profitable so far and if I were to lose it all, I wouldn't be meaningfully damaged. I'm safe.
As I trust my motives if not my perceptions, I trust yours as well. HOW we view information always requires verification. I appreciate your willingness to challenge for it's healthy for all.
My comments here are not more than my opinions and in no way do I wish to shape the views of others. My hope is that each of us is successful in self-directing.
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