Hard To Imagine (IRA Rollover)
It is hard for me to imagine how one could take a decade or three of their life savings and drop it into an extremely risky play like this is. For me something that took so long to acquire needs to be put somewhere very very safe. This is anything BUT safe.
I have two dear associates in their 80's now, and see what a hundred or two hundred dollars means to them living on social security and limited pensions. I believe ones perspective really changes, and correctly so, when living this life, that one cannot accurately assess when still working. This is what I have seen.
I don't believe that this company is organized enough to survive. One look at the filings and news releases tells me that the people that have the real power and are running this show here are helter-skelter in their thinking regarding careful planning and forward thinking logic. Certainly many people's retirement funds have vanished because of believing in this company, as well as the dear money that disappeared in stock that they invested. Sad to see.
GL in your up and coming planned play here. I guess since you are going to be bringing a lot of coin here into this play we will see it with some buying soon at the Ask. I wouldn't consider risking even a penny here until it drops below .015, which in my humble opinion given share dilution will be a reality within a month (looking at the drop into the two's). If it bounces off one cent it might go back to two; one cent or below would be a strong play imho if they do have some viable and real good news before Fall and what is projected to be a very snowy winter next year sets in. We'll see.
