Personally, when I first learned of this stock and the reverse merger, it was around $.001. I did my DD and decided to buy in, based on what appeared to be a good business plan. I understand that reverse mergers mean the old company disappears and the new one takes over. I am unswayed by anything said on the gossip boards.
I make my decisions based solely on what the company says publicly is going on. I've probably read the merger agreement 20 times. There are inconsistencies that are still present that I don't like. There is a difference between contracts, and agreements. All communications have, so far, been unclear. The last 8K refers to an agreement number that doesn't exist anywhere.
What all that means to me is that their communications are sloppy. They are not fact checking any of their communications before they file them. Different filings do not agree with each other. But I've been a director in a public company and understand the gyrations that go on with reporting.
I've chosen to take the risk present in the pinks and have now amassed 55M shares. The money came from profit on other tickers. I've been at this a long time...since 2008. I feel this one has legs. It will probably be my last big pink...if this gets anywhere near a penny, I'll have 55 M pennies. That is enough to quit, at my age...79...
I am still going on my own original DD. I understand that business goes by the speed of business, and that you can't do business by a calendar. Things always come up that need to be solved.
So here I sit, with my pile of shares, to see what happens. I hope for the best, but have no illusions in the pinkies. It will be interesting to see what actually happens.
