Yuka Group Inc. (YUKA)

[PennyWorld]

I've been trading for a couple of decades, and I've been burned by the R/S early in my trading. It's a painful lesson to learn.

I've concluded that the reason the SEC does not clean up this unethical behavior is because the SEC feels (as do insiders like this CEO) that the vast majority of the investors invest in a sub-penny stock because they are seeking to "get rich quick". So the SEC and CEO's like this one have no respect or regard for the investors and we deserve what is coming to us.

Essentially the CEO is exploiting the greed of the 'get rich' trader mentality. This has been happening for many decades in the stock market.

My rule of thumb... the second you hear of the R/S announcement of a sub-penny stock, exit the trade. I exited GRCV the day I found out, and I was still able to walk away with a 200% profit. (I was up 700% the day before the announcement). Had I hung on out of blind faith, I would have lost my investment. Never expect the SEC to come save you. They think you deserve what you got because of the 'get rich scheme' mentality. They will just tell you that they lack the resources to clean up the pink sheets, and that you should trade on the pinks at your own pearl.

Never put all of your eggs in one basket, and have a disciplined exit strategy, and never look back.

PS.. sometimes the R/S works out. But only when the company has somewhat proved itself, and they are doing it to uplist, etc. Any SUB-penny stock with billions in O/S is the "Danger Will Robinson" space. GLTY