Spotlight Innovation Inc. (fka STLT)

[Ecomike]

I invested in STLT when it was a real biotech. It and the prior company were both real. No need to go into details.

STLT brought a product to market after I had invested (thus my investing helped get the product to market) that helped me avoid deadly toxic pain killers I needed to battle my RA. RA that nearly killed me in 2014....long story.... The STLT rub on pain killer Venodol, was (still is at times, I bought a bunch enough to last me years, I like to be prepared, like to have back up plans LOL, never know when the FDA (Federal Drug Alliance, LOL) might get highjacked by some henious demon or antichrist LOL) and it was and is an awesome help to me at times.....long story.

I have invested in private firms, started my own private firms, nearly gone public myself (decided it was too much hassle and a waste of my money). Sold my 1/3 owner ship of a private firm when I was only 25, a Tech firm I built in just 2 years, in the 1970s. Investing is not new to me. Building and starting firms is not new to me. Doing consulting for BODs and CEOs is not new me.

All investments are risky. Even big board stocks. Ask Enron folks. BTW, I never invested in Enron, and walked away for a chance to sell my firm to them, because it knew it was scam....

With stocks, like STLT I not only invest to make money, I also invest in new tech/tech firms who bringing real, new tech to market, I invest to help them get the tech to market. I hope to make money in the process.

Some techs I invest in because for me, trying to get the new tech, or help get the new tech to market is the right thing to do, ethically, for me.

One of the problems with today's world and market is no one seems to care about anything but running scams to make money.

In 2009, a stock similar to this one, STLT, did a belly flop.

I owned shares before it died. I bought more at the bottom on it, road out the R/S at .001 , and in days it was uplisted from OTC as a dead company to Nasdaq as Tgtx at $4/share, with 10 mil in new cash and a licensed new drug from Europe as a brand new biotech, with a new CEO that had already run a Nasdaq biotech firm, and in 6-9 months it was an $18 stock with Crammer on Mad Money pumping it. I sold when Crammer showed up, LOL.

I was the lone ranger on that one too in 2009.

Last I looked, recent weeks, Tgtx was trading 10 years later on Nasdaq at $20 (apx) a share. In 2009 the ticker was Mhan. My post record is still here on Ihub for Tgtx when it was Mhan in 2009

Shit happens, miracles happen in OTC.

Lotteries are near zero probability of winning scams. Because I know how to spot most scams, My success rate in stocks that I have done real investments in has been way better in OTC than in Big board stocks. I was up $500,000 in one in 2014.... And it was also one I bought the knife on at near death in Dec 2011, And it was a real game changer tech stock that could have have had a huge impact on solving the CO2 green house gas problem, if GE had not slipped in and sacked it late in the game.. in 2017. Interestingly enough one of the top dogs at the US DOE 30 years ago had warned me how crooked GE was and told me not to let them any where near my technology. 26 years later GE proved he was right.

My point is being lawful does not make it right. And once again regs issued by government agencies based are now laws, The Exchange Act is a law, and act of Congress, the Regulations created by the SEC are not Congressional laws, they are agency Regs.

EPA has had enforceable regs issued one day, been dragged into court for 10 years to stall/delay/kill enforcement and later been turned over and rescinded by later administrations. Regulations and guidance documents by federal agencies are not laws.

There is a reason we have courts. Judges decide what the law is. Supreme court just settled one battle going on for ages it seems, over a lawful subpoena of some ones tax returns. Took the Supreme court to decide what the law was, not agency folks, as the agency folks of 2 agencies were locked in battle over what was lawful and what was not.

Anyway, thanks for the discussion. I think we have beat this one nearly to death LOL.

Thanks for the chat!