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Re: bernardsamuel post# 5278

Thursday, 05/19/2016 12:36:46 AM

Thursday, May 19, 2016 12:36:46 AM

Post# of 8579
It's simple. It doesn't take rocket scientist. The company is simply taking out loans with convertible notes. Even though they generate $4 million per year it was never profitable. If a company isn't profitable they will keep on getting loans with convertible notes. Especially in OTC, almost all the loans are toxic. When it's time for them to convert they will dump millions of shares into the market. If you're looking for solid investment go trade Nasdaq or NYSE stocks. 99% of all OTC stocks are all scams even though they don't like to admit it. Only a handful of companies made it out. I have to admit there are good hype plays in OTC that can give you solid gain though. You have to find the right on at the right time. I think this stock will go to sub penny.