Wednesday, June 20, 2018 9:41:36 AM
China Food Services was a loser.
California Grapes was a loser.
Cathay Lifestyles was a loser.
Podwerks was a loser.
These failures don't make Frankie a winner. The OTC allows people to use other people's money to try their hand at any whim that comes to mind, never risking their own capital. Yet, somehow, they manage to make a nice living for themselves.
Now, if Frankie has happened to stumble onto a group of people that are able to actually make something out of this ticker, it'll be a stroke of luck, not because Frankie's a winner. He's obviously not.
Unfortunately, the Vietnamese people of Asama saw fit to keep Frankie on board and that doesn't speak well for them. If they ever decide to come clean by being more transparent than they have been thus far we'll be able to tell if they're legit or not.
Not that money can't be made trading the ticker. But let's not stray too far from the facts before us in hyping the ticker as an investment quite yet.
You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!
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