InvestorsHub Logo
Followers 5
Posts 311
Boards Moderated 0
Alias Born 09/29/2016

Re: moneyjunkey post# 7038

Friday, 06/16/2017 3:07:08 PM

Friday, June 16, 2017 3:07:08 PM

Post# of 9190
I know how frustrating it is when you wind up under water, been there many times. Technically I too am under water at the moment, not by much though. Overall though I am way ahead, even if my current position totally evaporates.

I don't know how long you have been following this company but I have been here since the reverse merger. One thing that I can say with certainty is that the management team has always followed through on what they say they are going to do. At times their plans have taken longer to materialize than first anticipated but ultimately every thing eventually comes to fruition. I know that some people are frustrated by the lack of updates but their policy is to announce their intentions and make a follow up announcement when that have achieved tangible results. As far as the name change, sure they could make weekly announcements as to their progress but then they would be accused of issuing "fluff pr".

Their primary concern is to grow the company, not do what might be popular at the moment. Many people would like to see the share structure altered but their response has always been, when the time is right they will look at addressing the issue. Not the answer that anyone wants to hear, but none the less the simple truth.

There is always great risk in any otc stock but the management team here is by far the most forth right of any otc company I have ever encountered. More forthright than many big board companies.

Sure, this could all blow up and disappear but that's the chance you take with otc. I have been in your position with other stocks and sometimes it best to just take the load and move on. I've recently dine so with a couple of companies when all indicators were pointing down. As of right now I am holding strong here and hoping for the best.