That isn't true and makes no sense, these co's are NOT all dilution scams, quite a few are but that's no justification and doesn't excuse the ones that fleece poor suckers dry, it's not some random game where you just roll the dice -- sure many do roll the dice and regard these sub-.0001's as a lotto ticket, pick up a bunch and figure one will hit again, may not even do any DD, but I worry about anyone who says this:
"All pinks are scams and garbage and all have their day."
In fact it can be said this had its day right before the massive dilution, when insiders knew what was coming and sold on the pump.
Fact is THIS one has diluted over 6B shares since 12/17 when float was last updated, it's running out of shares to push into market B4 A/S is maxed out, these are real numbers, and you should be glad we'll find out soon enough which way it goes: up or R/S, it's gotta do one or the other very soon.
I do think there's a place for betting on some bottom-bouncers, see my latest posts for e.g.'s, but depends on DD and a number of factors, yes they're different than for Big Boards but it's not totally random. That said there ARE real people behind IDDR and I've done plenty of DD on them, dilution machine is not the same as an empty shell and like I said, it's running its course one way or another very soon.
AI
