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Re: ImOnABoat post# 23253

Saturday, 12/24/2016 3:19:32 PM

Saturday, December 24, 2016 3:19:32 PM

Post# of 55227
Actually.....not a bad idea....and most if not all R/S are bad....but....being that they will have added capital and a much better share structure. There is a chance it could move up based on a mix of technicals and float. No guarantees but it's a gamble at this point. I'll probably leave 10mm shares there to see where it goes. As for now I've sold off 30mm to put into VPOR and BTDG
They are both going to fly and I didn't want to wait around for dead money anymore. I will definitely be revisiting this later on if it starts to make better moves. The thing with OTC companies like this is the revenue and since they may not be producing for more than 6 months-1 year, I felt it was a good choice to put this back on the watchlist if it does something. Right now it's looking grim even with the Jupiter gold investment. I just think the share structure is so high that getting this off .0001-.0002 is going to be needing revenue totally outweighing costs of expense in which I can't see for another 2-3 years. But who knows they may have something up their sleeve or this could be another TBEV or worse BRWC that went belly up and left 1000 investors with worthless shares (me included), even after they came out with a bunch of glorious PR.
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