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Re: Seeking Pennies post# 7443

Tuesday, 11/08/2022 4:15:59 PM

Tuesday, November 08, 2022 4:15:59 PM

Post# of 7793
For clarification - I am not part of Doki group.
I do not know Doki or any of the other people that are involved with Doki.
I actually think the Doki group have done a great deal of wrong doing. I do not know if what they have done is illegal, but it was wrong because they borrowed money against Reliability which they should not have done, but since they were and still are majority owners, I do not know if it was illegal.

As for outcome, I hope the outcome is in favor of the company because I think RLBY would be a good investment for me, but at this time I can not justify an investment because the process may still be 2 years away and as long as the process is ongoing the stock is not going to move up.

I am not going to tie-up $10,000 - $20,000 in RLBY stock right now because of the timeline. I also can not buy that amount of stock based on current liquidity so that creates another problem for me.

I am a retail investor that has about $150,000 in the market and I typically invest $10-20K in small and micro cap companies. But I am also well aware that more than 9 out of 10 OTC companies stock declines every year, it is tough to find that 1 in 10 or as I call them diamonds in the ruff.

I am not negative on RLBY as a company, but right now I am negative on the stock.
I am also not trying to sound negative so the stock goes down lower so I can buy at a lower price.
That is a stupid approach that I do not subscribe to.

In fact, I wouldn't care if I had to pay 10 or 20 cents a share because I am looking for a stock that can go to dollars, not pennies upwards.
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