ProText Mobility Inc (TXTM)

[foxi]

I was just about to say. Good reference.

For anyone unfamiliar, Minerco claimed to have land in Jamaica to grow magic mushrooms. People caught them red handed when another business that had never heard of Minerco started developing on the land.

Minerco eventually got suspended by the SEC. Management reassured investors that they had "hired SEC counsel" and would "fully cooperate" with the SEC to get the situation resolved for shareholders. Needless to say, management was never heard from again and that ticker is still CE.

After the scam was exposed, that ticker quickly flatlined under .001 approaching .0001 as investors cut their losses.

TXTM looks to be following a similar path. CE is the kiss of death until a new company recycles the dead ticker. Keep a cool head and stay in control of your risk.