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Re: gina p post# 3697

Saturday, 07/21/2007 7:35:03 PM

Saturday, July 21, 2007 7:35:03 PM

Post# of 49075
Hi gina p! Welcome to I-Hub. Been in this one for four years? WOW. I'm not in this one but I'm in a lot of shells so I'm following it to learn more. Personally I don't think a lawsuit has a chance, the company didn't lie, at least not on paper, and as long as they have the right to do an R/S they can do it. I do think the 1-1000 R/S was excessive but I'm not running the company.

Look at what other companies have done, Raven Moon does R/S's all the time but they've set it up where they can't be successfully sued. JDMO just did a 1-200,000 R/S and I'll bet they'll get away with it too. I don't know if you were making a profit on your investment but a lot of the people here were up 4x-20x at the peak and a very good strategy at that point is to sell some of it and recoup your initial investment. That's a lesson I learned the hard way.

Anyway, welcome to I-Hub. There's a lot going on here and I'm still finding new boards that are very helpful or just plain fun. Enjoy!