"When is Lee going to take his company to the next level?"
Hmmm.....better questions are:
1. Are they actually going to become SEC compliant? Do they really want to tell everyone the fine details? Sure Lee says he does but does everyone really believe it? Has he told anyone who they are using for auditors? Is it a super-secret thing? Or maybe he's using his cousin down the road or, better yet, Marty's bookkeeping service.
2. Are they going to dump Marty from the Board of Directors? What legitimate company has the paid I.R. person also be an "independent" Board member to represent shareholders?
3. Are they going to stop diluting the stock like it's Halloween candy being handed out? Someone responded back to a post of mine before saying 800M shares in a penny stock is nothing. Really? Well, I hope you all are happy with it being worth 1 cent then when there is over 1B shares outstanding.
4. Is Lee going to stop b.s'ing about Nigeria and Niger? Nigeria just free-floated their currency and it dropped 40%. What bank in the world is going to make loans in that environment? Nigeria is now being rumored for a military coup. As for Niger, it's so poor it's unreal. Toss in the refugee and fighting issues and it's not a place a bank is going to foolishly loan money into either. It's so obvious that is not even funny.
5. Is anyone on the next cc call (if there is one) going to ask a real questions or is just going to be "do you think this stock really could go to 23 cents?!!!!!!!!!!!!!" Hump, pump, try and make the stock bump up.
6. This company has a 100% legitimate rental business and used equipment business. It's a money maker. This is the real winner here. Can the company actually focus on emphasizing this and not Lee's hair-brained Africa lottery tickets?
This isn't a 1 cent stock if it was run legitimately with SEC reporting and a management team that stops promising crazy dreams and focuses on reality. The problem then is that it might attract real investors who put the screws to management if they over promise and under perform. On the other hand, right now Lee can get away with anything he wants and penny-stock flipping shareholders love it.
