Born Inc. (BRRN)

[horst]

The main thing I like to remember with this ticker is the 82% insider ownership, as shown on the 10-K. Based on the 10-K, there are over 2 billion reasons insiders want this ticker to keep going north, and not quite 500M shares for the rest of us to make our best guess as to what might happen... The risk/reward was great a few days ago when this was sitting at .0010, and imo it's better now at .0020 since we know about the heavy insider ownership.

I also like that Lazar went through the trouble of settling debts and having all future claims deemed invalid. And the AS are maxed out, so no new shares can hit a run other than the 50M shares Lazar negotiated to settle that one $25K debt. Those shares are probably sold into the market by now - that legacy debt holder was already doubling his money at .0010, quadrupling it at .0020--I doubt he'd have stuck around beyond that since it would be too risky from the perspective of a note holder who'd been waiting years and years without seeing a dime...

Do your own DD - all my opinion only.
H