Come on... Are you kidding me? You and I have gone around a couple times over afpw and the con games being played here. Till this last note you posted I respected some of what you wrote but this one made me rethink what your understanding of microcap investing really is. A great majority of these kinds of stocks are very shady at best and some are down right criminal in intent.
There are literally hundreds of con games going on with the pinkies that is why playing this game with these kinds of stocks are foolish at best. Maybe you should take a little time and do some research on pinkies and Fong before you make more head scratching comments. Take a look at the warnings "every" brokerage house puts out there when dealing with pinkies. Every SEC website warns us all about the abuses of microcap stocks. If you like I will post several of them for you so you can be enlightened as to the unlawfulness these supposed companies rain down on investors.
Just 2 of the warnings off the SEC Gov website for you:
Fraudsters often issue press releases that contain exaggerations or lies about the microcap company's sales, acquisitions, revenue projections, or new products or services. These fraudulent press releases are then disseminated through legitimate financial news portals on the Internet. Does this sound exactly like AFPW? Sure does to me!
Risk: While all investments involve risk, microcap stocks are among the most risky. Many microcap companies are new and have no proven track record. Some of these companies have no assets, operations, or revenues. Hmmm... sounds exactly like the game Fong plays with AFPW, GRAS and FFFC.
