I'd be immediately suspicious of a penny stock selling at about $.02/sh. with a billion shares outstanding. The 52 week range is $.0043 - $.022 so I'm sure there are a lot of people willing to take the money from anyone gullible enough to take some considerable shares off their hands. People buy these kinds of penny stocks at $.0043 or just above and wait for some poor fool to take advantage of. I'd wait for the 1 for 250 or 1 for 500 or 1 for 1,000 reverse split and do serious analysis of the company before seriously considering purchasing any shares. I'd also ask, is their business legitimate? Is the company viable? What is their business? Who are their customers, and what are their business prospects going forward? According to Yahoo, insiders own 18.93% of the shares so the company might be simply a scam operation with insiders and low-ballers looking to line their pockets at the expense of an uninitiated public.
Did you hear that North Korea might be looking for someone to pay for their hotel rooms in Singapore? Man, that country must be dirt poor. I know they spend a lot of money on military equipment, but Kim also has to feed himself, his inner circle and whatever "elite" there are in NoKo. Do the people have anything else but rice to eat all day, all week, all month, and all years long? If they are that poor, no wonder Kim is willing to make a deal, get the sanctions lifted and start to build the economy up from the horrible state it is apparently in.
