Do real due diligence.
Why do you say Radly seems like a good guy?
Is he really a philanthropist? Has he donated significant personal funds to charity, or did he generally donate company funds and get his name and picture in the news? Is Radly Center active? How much has he personally funded it since inception?
How have shareholders fared under his leadership?
At XUII, shareholders who bought or owned at the close on Radly's first day as XUII CEO are out over 99% of their investment (October 1, 2013 close at $0.035 and today's close at $0.0001). I'm guessing that INVA share price tanked significantly under him too, but you should do your own research to confirm. Didn't ISIS Communications merge at a share price valuation below the IPO and secondary offerings he led, resulting in a loss for shareholders?
I have no thoughts as to whether or not he's an evil shyster out to steal stock holders money, but you should look at his track record to see if shareholders have generally made or lost significant share price value under his leadership.
If you're expecting XUII share price to recover to provide good long term investment returns several years from now, who do you think is going to make that happen? If you think it will be Radly, do you believe he will be putting the time and energy into making that happen with all the other ventures he might be involved in such as XUII, Velocity Data, Radly Center, Southbase, ACLH, Iimagine, etc.
You said:
Hey guys. I'm pretty new to stocks. Had a 20% profit going over the year until I invested in XUII. Like a lot of you - looked like an opportunity to get rich quick (big LOL!). Think I learned my lesson! But, I do like John's optimism. Radly seems like a good guy - a philanthropist - not some evil shyster who is out to steal stock holders money. Even after a reverse split and the inevitable drop in pps - I wonder if we just forget about this one - don't sell - in a few years - we might just have made a lot more than if we'd put the money in the bank. I guess what I'm saying - it might not be a total loss and in the long run a good investment. It does seem that imerjn has some good products that might just pay off (in the long run). This pertains to those that have an average like mine (.0007) or higher. Just write it off as a long term investment - not much else we can do except sell now and accept the loss. Think I'll just hold.
AI
