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Thursday, December 07, 2017 10:44:20 PM
Thought that was a RED flag to stay far, far away from. A company like this who goes dead SILENT for like a year. Before that just more of the same SILENCE. Then they suddenly emerge with an all new business plan (bitcoins)? Give me a break. Like they are grasping - and are on their 'last leg' and hoping investors will fund their next disaster. Or keep their present disaster going.
And HOW MANY years has it been since SHMN has filed any financial data? 2015?
BEWARE: Very, very questionable. HOW SOON do we forget all those failed pink sheet companies who suddenly emerged with an all new business plan - which was to JUMP on the Marijuana Craze 'wagon'. Now the new thing is to jump on the Bitcoin 'Wagon'. Way too many players already on BOTH of those wagons. Just my opinion.
I sold SHMN yesterday and made $500. I sold because I like the idea of Pharmaceutical companies - That is why I bought SHMN at Trip 1 in the first place.
But when they came out with this Bitcoin Nonsense and refuse to give investors financial info on their pharmaceutical business - ONE MUST really evaluate and think that 'Something is NOT right here'.
My opinion. Anyone just getting into Bitcoin this late in the game HAS ZERO chances. Wasted money. Wasted investments.
Wish you all the best of luck. Looking for another real pharmaceutical company that is transparent. Not one whose greatest real news lately is they have resurrected a failed past product.
This is why I think SHMN went to .0014 and dropped like a heavy ball to what? .0006 today -- because of this Bitcoin announcement that has ZERO to do with their stated business. Pharmaceuticals.
I Will invest in SHMN again ONLY when they finally give financial data (None since 2015) showing they are making money selling drugs (Pharmaceuticals).There are a Zillion Bitcoin ICO's (Initial Coin Offerings) right now. This 180 degree turn around announcement just created an immediate credibility problem in my opinion.
“Too many people are thinking security instead of opportunity. They seem more afraid of life than death.” – James F. Byrnes
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