Tiger Reef Inc (TGRR)

[MikeyInTheD]

Think we can get to .75 and convince others? This thing went public at .75 and on that day I said it was going to .0001. I have been right for the past 99.98% and I’m not turning back now. This was destined to fail even before it started trading. The concept is ok but the management, capital structure and difficultly of operating in the Caribbean made this a very troubled company out of the gate. I am trying to convince people to bail before it goes from .0015 to .0001 and they lose a lot more money.

People are linking all kinds of outside stories to TGRR and they are completely unrelated. TGRR is not a takeout target of Coca-Cola. No one is about to announce a reverse merger into TGRR. The company has no cash or assets and is still on default on their debt agreements. There are no operations, no rum being bottled and no restaurants being built. There is nothing here but a shell. Putting a $60m valuation on this makes no sense at all - based on some peoples price targets that the value they place on TGRR. This thing is worth $15-25k at most. I expect it to find a floor around .0007 for a while later this year and then slowly go to .0001.