InvestorsHub Logo
Followers 4
Posts 1277
Boards Moderated 0
Alias Born 07/14/2008

Re: Oren1976 post# 7533

Saturday, 07/15/2017 6:04:02 PM

Saturday, July 15, 2017 6:04:02 PM

Post# of 8299
The easy answer to your question is............ This stock has NEVER made any money. It began as a legitimate research and development venture based on the science of Leland Clark of Antioch College in Yellow Springs Ohio. Back in those humble beginnings it was known as SYBD (Synthetic Blood International). It has since changed names twice and in the process was taken over by persons who I believe are less than ethical. They make wild claims and promises and never deliver on anything. They pay the board and officers outlandish salaries and float millions of new shares to fund these costs. They have NEVER had anything ever approved by the FDA and financing became clouded when they took on Swiss investors who were given discounted shares and then flooded the market with them getting rich in the process. The normal investor has never seen any appreciation in share PPS and have been disappointed time after time. The $273 price is an ADJUSTED price based on numerous reverse splits that have occurred each time the price drops to a level where they face de-listing. The reverse split inflates the price but has no immediate affect on shareholder value. The shareholders holding do drop in value though each time the company throws more and more shares into the mix and dilutes value in the process.

Ah, the smell of salt air
and the touch of gentle winds.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent TENX News