eWorld Companies Inc (EWRC)

[grapeman]

Wo,, things getting pretty chippy here since the R/S announced.
My guess is that there are many on the list who bought at 3 or 5 or 6 after last R/S ,,or bought before last R/S and are down 90%. Their anger - understandable,,,but a little over the top. No reason to trash everything qand everybody on the list.

Many now are in at .0001 or a combination of .0001 & .0002 or 3.
The reason companies are on PSheets is that they could not raise venture capital to run things until product launches
(i.e.Goog- Napster). They raise money by offering Penny stock. No books - No revenue, no earnings. Costs foten exceed original needs. They often do R/S until they have enough to launch product. Part of the risk of putting money into a company with no earnings, or verified books, or anything more than PR releases. I don't like it any more thatn you,,,but part of the game,,as long as they do it legally. I did have one once that was untradeable for 3 weeks after the R/S due toa phony transfer agent,,,then fell 60% first day,,which of course no one knew when it would be since they could nto trade it for 3 weeks. Hopefully not that here,,,or HM goes to prison.