If Frankie wants me to believe this is a "real" company - if he wants me to "INVEST in the company" - he needs to SHOW ME that he is running it like a "real company" with a future to invest IN.
So far, he's not doing that, NOT AT ALL! Over at ENDV, the President there "shows me" by reporting his insider buys, roughly $10k/week, every week since June, whether his stock was $0.018 or $0.068. NOT "exercising his company bonus options and then dumping 'em", but buying shares in the market, with cash, and holding them long-term. THAT inspires confidence, and raises share value. But Frankie inspires ZERO confidence. (so.. we can't call him a "CONfidence ARTIST"... at least, not a competent one..) Instead, Frankie is showing me that he is running the P&D on this ticker. Regardless of how I feel about flipping, in the environment Frankie has created here, flipping is the only path to success.
If I get my 0003 order filled, I'll be selling 97% of my shares as close to the next peak as I can. I'll hold a slice indefinitely, just to give Frankie a chance to prove himself to me... (or to see which bandwagon he jumps on next..).
Crypto mining is such an amazing profit opportunity, that it's hard to imagine ANYONE claiming to be getting into it without any intention of doing so. And its hard to imagine any company that actually does it, that could fail to make outrageous profits, if only by accident. But... if Frankie leads a company which does actual large-scale crypto mining... he'll have that company "rent" its building from him at an outrageous rate. He'll have Santo "lease" him a company car, and he'll be the lessor Santo "leases" it from. Frankie's in Florida - I think we've seen that Santo/Canoe's "facility" is being set up in Sunnyvale, California. Guess who will need a Malibu beach house "leased" for (and from) him, and First Class airfare (no wait.. a corporate jet!)? Yup... Frankie! If he DOES build a crypto mining company, he will systematically "expense away" ALL profits, before ANY gets to the shareholders. THAT's the game here... all we can do is take it or leave it. I'm leaving at the next peak.
