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Friday, November 03, 2017 1:20:05 PM
I agree with all of the points you have made except for 2 things you neglected to address and/or mention. Why would a CEO not want to discuss his product to sell to a shareholder? I also realize that Pink sheet rules are different from stocks listed on the exchanges.
What I do know is that CEO's who work on behalf of their shareholders have more success than those who do not. This CEO obviously is not shareholder friendly
Also unlike you I have never hit any ten baggers with penny stocks. This was a good story and seemed to have a good product if there was someone in charge of the company who knew how to run a business and promote the stock on behalf of the shareholders.
What I do know is that a stock will never move up if there is no one to buy the stock. A stock needs some buying interest and that interest only comes with news; moreover, if like you say "good news" may be why CEO is silent, in case you did not know the SEC REQUIRES that any material news positively or negatively affecting the company must be announced within 5 days......so that leads me to believe there is no news pending and nothing is happening with the company and all I have is dead money which is declining on a weekly basis. If you have so much confidence in the CEO and the stock take out my shares and put your money up.
As for me I have lost all confidence, I am now being medically treated and have no desire to talk to the CEO now because there is nothing he can tell me. I just saw an appropriate tea shirt....STEP UP OR STEP OUT....so I want to step out are you stepping up?
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