However, it is indisputable that the assets they bought less than a year ago for under $2 million are currently over-valued at this share price, a market value of over $100 million. No one would buy this company for $100 million, when they could have bought, and probably still could buy, the same set of assets for $2 million.
It is all but certain as well that a person indicted for illegal stock promotion is one of the principals involved.
The current market valuation is a chimera and will not last long term. If you guys know how to make money in the interim according to the greater fool theory, then it is certainly your right to do so.
What does bother me though is people being untruthful, if such is occuring on this forum. But that's just me. Even if untruthfulness is occurring, and if it is illegal in these circumstances, there is no enforcement of such laws today, so it is caveat emptor on the Bulletin Board. I accept that.
In any case, we are each independent people, and may invest and speak as we wish. I know who I am, I know that I am truthful, and I know that I have had long term investment success practicing what I preach. It is enough for me to know these things.
Regards,
Peter
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