Metrospaces Inc (MSPC)

[MikeyInTheD]

I will still defend the company and make the case for owning shares. Minimal risk - especially after I’m already down 70%. Management has created value in the past as evidenced by the successful spinoff and share issuance. Now they are busy trying to create shareholder value through acquisitions to transform the revenue stream. There is still monthly revenue coming in the door so the underlying assets have some value. Now if that value is .0001 or .001 - it is up for debate. We do need news on current operations and status of potential deals. Without that information then the stock will bounce between near zero levels forever. But the chance for an explosive move higher if things are happening behind the scenes is worth the risk for me. It’s not a position for everyone since you could be stuck with shares for months without being able to exit at your purchase price. But if you buy at .0001 then you’re safe and setup for the move higher when it comes.