Young and inexperienced people do not tend to understand business. It is very complicated with lots of moving parts. I have been at it since the early 80s and I still learn everyday. Running a company is just HARD. And a business can go from making good money to broke pretty quickly. If you look at a company like BLSP, they never made money for years, had a terrible B-Plan (they hired us to review their first facility which we said will not make it), then they executed poorly. Like many of these startups that take money from investors and shareholders, they tend to overspend on items that are not needed (like their airplane, salaries, etc) and underspend on the fundamentals of the business required to make money! No money no business.
They are a classic case of people trying to make a poor B-Plan work. They failed, like so many other business with the same B-Plan before them.
I did learn a lot watching the whole OTC thing. The BLSP PPS had a long down hill slide as they issued BILLIONS of new shares and reported dismal financial performance.
I watched the P&D types hype the company even when I knew they were finished. Then Darkness fell when BLSP filed to "Go Dark"
Then the P&D fun began. P&Ders had a field day. They could make up ANYTHING and call it true as the company was silent. The PPS fell to 0.0001 and then the PUMP. The P&D crew went crazy with CRAZY stories, none of which were true of course.
Then the SEC said, FAKE NEWS and MARKET MANIPULATION! They shut down USA trading and instantly created a HUGE number of Bag holders and or people that lost a lot of money.
So today people who lost money/bagholders want to blame someone (SEC, BLSP, Ghosts, Aliens) for their losses. They need to grow up and lean a valuable lesson on gambling!
BLSP was a lottery ticket, they lost, they need to MOVE ON
