I didnt lose with his other ticker, I broke out even and if I would of held an extra day I would of made a little bit of money.
Jake Noch was promising share buyback with the other ticker; First it was with 25% of receivables, then it changed to 25% of profits. That company was not going to make any profits since he gave himself a $12 MILLION yearly salary (hint: share buyback never happened). His "audited" financials there showed over $1 billion (iirc) in receivables but very little cash.
Jake Noch sued himself before (technically).
Upon looking a little deeper into this company; if it does become "pink current" you probably will make some decent money. I try to stay away from quick flips, but I was involved in one that did come out of Expert Market and became "pink current." It did have a pretty good run and this was in 2022 (after all the other OTC companies had their runs).
Just a heads up: This CEO will sell his shares and give himself more shares to sell more while saying "everything is great." There is a reason that the share structure doesn't get updated on his other ticker and I highly doubt it will get updated with this ticker if/when it becomes "pink current."