Friday, September 11, 2020 6:12:41 PM
However, this "novice" investor only put an initial $10K in Todos as a speculative investment, and only invested more AFTER contracts and revenues were announced. My risk is orders of magnitude lower now than just a few months ago. That never happened with Amarantus. So I have to seriously question JPetro's reputation as a seasoned investor. There's apparently no real concept of risk in his assessment of a company if he's willing to invest hundreds of thousands in a penny stock that has never generated any revenue from their business plan. Clearly that hurt him since he whines about it so much on the boards.
The funny thing is I got the same Todos share price by waiting for revenues as I got when I made my initial speculative investment. Maybe that has something to do with Gerald's past, but I am confident that won't drag on the Todos share price for long. Investors won't continue to ignore dramatically increasing revenues proving their business plan in clearly on track, and I believe those focused on Gerald's record with Amarantus will conclude he learned from his mistakes at Amarantus and is on solid ground with Todos. Maybe not those who lost a lot with Amarantus, but that can't be put totally on Gerald's shoulders, IMHO. Personal responsibility is also a factor, particularly in the risk one is willing to accept when making an investment in a penny stock with no revenues.
GLTY
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