Cavico Corp (fka CAVO)

[john302]

Yeah honestly I wouldn't have even touched this on the pinks. I hope your very bullish assessment of this company is what comes to be, but for now I am treading with caution. GTEC like Cavico is also a great company fundamentally, but unfortunately in GTECs case has greedy pigs controlling its share structure, so I am still smarting from that experience. I'm reluctant to jump into any more OTCBB stocks with 100s of millions of shares authorized. We were told that all ties had been severed with the old GTEC mgmt too, due to their frivolous lawsuits, but the new guys are no better, they just keep issuing more shares even though the company has plenty of cash and no debt; with Crocker of CCG leading us on all the way with lies about RS and uplisting (there is no reason not to, the company is making 100m revenue this year).
I will probably just add slowly and cautiously here until they do a RS and put independant board members on the board in preparation for uplisting. That's my strategy. Always think you're undervalued until the company doubles its shares on ya.
GLTA