Imagine if an investor entered this stock 2 plus years ago at around .10 per share, only to ride it down all the way to .0001 per share. Imagine this is the ONLY OTC stock invested in.
That would be a 99.9% loss SO FAR before the 25,000 to one RS that resets current PPS, and presents a $2.50 PPS.
$2.50 can never hold, thus a brand new 99.9 percent loss "opportunity" begins once again.
Now imagine that same investor who entered around .10 per share, has averaged down DOZENS of times as PPS plummeted from .10 to .0001, accumulating 10s of millions of shares total, for several to many 10s of thousands of dollars invested.
Perhaps the theoretical investor has achieved a average PPS of "around" .002, with 10s of millions of shares, but probably around $40,000 high side to $20,000 low side paper losses.
Now comes a 25,000 to one RS, taking nearly all the shares accumulated over 2 years plus.
The losses are already staggering. Perhaps around $40,000 high side to $20,000 low side paper loss so far.
Would such a investor be enraged at the CEO who "led" LIEb to such losses? Or so devastated by massive losses as to double down, awaiting the soon to be riches, that MUST be just around the corner?
Interesting questions..... Perhaps Abe Lincoln would have had a theory.
AI
