OriginClear Inc (OCLN)

[Oxonius]

Stabilizing at under 4 cents is not something worth cheering about. Every investor currently in this stock has lost money with the vast majority having lost between 50% and 95% of their original funds.

Of course, those that got given shares for free are still technically "up" as their cost basis is zero. There are a number of these folks that are extracting six figure salaries as they squander the investors' capital.

Take a look at a five year stock chart and you'll note that at the end of 2012 a share of stock was worth over $33 - three years ago it was worth over $6. Seemingly endless dilution plus punitive splits have reduced us to a little under $0.04. The PRs keep getting issued and the salaries keep getting paid and there is absolutely nothing that any shareholder can do as Emperor Riggs was essentially given full control of the company (as a reward for his continuing employment in addition to his outrageous compensation arrangements). If he announced that all executive salaries were being reduced (by 50% maybe, or even to $0) I reckon the stock price would double in a day.