FYI, every trader did not pay an identical price for EVTI, that’s nonsense. EVTI was as high as dollars, that’s how far it’s fallen. And yes it’s sad to me, that’s my opinion and I bet there are others who agree.
We all understand that penny stocks are gambles. They are all speculative. We all understand the risks that business for these penny stocks will not work out the way they wanted. That's fine. Everyone gets that. These companies are gambled on for the big payoff, money can be lost because the company is not successful. Losing money is not the offense.
But...
LYING IS the offense. I can live with the fact that Gannon might be incompetent and a lousy businessman. And if traders lost money just because they bet on a Gannon Giguiere project, then that's life. It’s not upsetting to bet on a lousy businessman because that is the risk of investing.
However, it IS upsetting if traders believe that they are betting on a speculative business when that person is simply taking the money to bankroll his home, or sports cars, or endless vacations...or make countless false statements about his companies in order to extract more money under false pretenses.
That's the simple difference between being a lousy businessman and a FRAUDSTER.
