Wednesday, July 16, 2014 3:55:27 PM
First, this not a bash, just the cold hard facts. How can anyone and I mean anyone, support a company everyday, day in a day out that is stealing your money? Yes, ELRA is stealing your money. They sold 30,000,000 shares into the market in a six week period. The result of this dilution is causing your hard earned money to decrease in value. If you actually saw a criminal come to your house and steal your money, would you support that person and leave more money for them to steal? That is in essence what ELRA is doing. They put out PR's suck people in and dilute like crazy. The last time the price went to .04's and back down to .008. This time the price went to .03's and now headed back down. Each time they dilute to a greater extent. How can anyone call this a low float play when week after week, the float and outstanding shares increases. The next reverse split in circa 3 months or less will be a point of no hope for many stockholders. I get why you won't sell, but why on earth would anyone support and try to rally this stock for other clueless people to buy into this stealing machine and loose their money? I for one cannot support a company that is literally stealing money. There should be zero posts on this board, except those posted as a warning to any new investor. The term "Caveat Emptor" definitely applies to this stock.
Recent ELRA News
- Form 253G1 - • Edgar (US Regulatory) • 01/10/2024 01:54:29 PM
- Form QUALIF - Notice of Qualification [Regulation A] • Edgar (US Regulatory) • 12/22/2023 05:15:21 AM
- Form 1-A - Offering Statement [Regulation A] • Edgar (US Regulatory) • 12/06/2023 07:22:35 PM
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