Greene Concepts Inc (INKW)

[jazz_1]

I received a message from someone about losing money on this stock based on some of my previous posts. Several years ago yes I truly believed in this company. I lost over $20K myself in stock and founder's purchases myself. I helped provide a lot of suggestions to the company too. Lack of resources and decisions made by key leaders resulted in this not doing as well. Also as we moved from 2011, less people are printing and more are sending correspondence electronically. That makes for the perfect storm.

We all feel terrible about where this company has gone and wished that things could have turned out differently. If so all of us would be happy right now. This was a major lesson learned. If any company builds it's success off the hard work of its investors (selling, promoting etc.), that is probably a company to stay away from. Company's should flourish because of its own sales and internal initiatives. That same company should have a proven product that people want or have the resources needed to make a product people want. That is a company to support with stock purchases. Then if as an individual you decide to help the company more than it is an internal decision that is personalized between the company and that person. Companies should not automatically try to reach out to hundreds or thousands of people to obtain immediate funds or other resources. That is the lesson learned. Also when improvement is not made over a period of time that is a red flag too. Kevin from Shark Tank states that any company not productive after three years is just a hobby. Don't invest in penny stock hobbies.

-Jazz