I'm so sorry you have so much invested in this stock and
truly hope you and everyone else can get it back one way or another.
When I posted about this CEO last night I only did so to inform you guys. As I mentioned ,I posted this info last week and it was deleted.
I also have shares left over ,but I know better when it comes to penny stocks to always take profits on the run up, so I sold most on the run up to .07 ,and at the time of the run up I didn't know anything about this CEO or the company .My style when playing penny stocks is to get in and out with the majority of pennies I play.
My criteria for picking stocks has nothing to do with the company or their fins . I use 5 stock screeners and charts which look for certain things ,then I buy them before most people are even aware of them ,then I just sit tight and wait for it to pop and get out and move on. I don't even post in threads of the majority of these penny stocks I buy and sell. Just the ones where I have some shares long term.
So when this one ran up way more than my normal runs, I started to look into it,because I thought hey, you never know this could be the real deal ,so I left some shares active.
At first I saw some red signals ,but figured I give the company a pass and wait for more news. While waiting for more news from the CEO I decided to investigate , needless to say I didn't like what I found and everyone needed to know. I'm lucky because as i said earlier, I sold most shares into the run up and not losing money. This was before knowing anything about this CEO.
I didn't want to post about this shady CEO after doing my DD , only because I know people invested heavy in this stock and felt bad for them,but I decided investors needed to know.
The first time I posted it last week some MOD here deleted it. As the stock declined I decided screw the MOD and posted it again last night.
I hope I'm wrong and this stock does take off for everyone who lost money.
I do hope this CEO comes thru ,so every investor recoups their money and then some. Sadly it doesn't look good ,but hey crazier things have happened.
Best wishes to all .
