Safeplus International Holdings Ltd. (ACAI)

[sunspotter]

"Why are you here...to save us from ourselves?"

No. I've explained many times that I enjoy studying probable penny stock scams. That's why you will see me post on the MBs of several companies who represent themselves as operating in the biotech and alt-energy fields, both latter day virtual Klondikes where the innocent and greedy (sourdoughs) can be sold the modern day equivalents of a stake in phantom gold mining rights. Message Boards like this are one of the very best places to see these scams in action, and often some of the principals or their agents post on them -Michael Weiner being a case in point in a series of FD-busting actions that surely will be the subject of SEC enquiry one day.

By posting here, you open the door to off-MB private communications from concerned parties scared of the consequences of posting a negative opinion or fact on an MB like things. From these folk you can sometimes learn all sorts of interesting things ([e-mail] if you want to chat).

The fact that I have received several emails and other acknowledgements from various folk for helping to save them in some cases substantial sums of money by encouraging them to do their own thorough DD is merely a happy side effect:

http://ragingbull.quote.com/mboard/boards.cgi?board=BIPH&read=104737

"Last time I looked we are free to choose in America."

Correct. Last time I looked we also had a Constitution with a First Amendment in America.

There's certainly the right within that Constitution to suggest there might be a fire in a theater when you see smoke and flames coming from behind the stage.

"Only a fool would not lower their basis...given the PIPE financing."

I'd respectfully disagree with that. A PIPE financing is almost invariably a sure sign you should sell everything immediately and walk away - unless you're a day trader with an exquisite sense of timing and more than your fair share of luck.

While people will sometimes drag up retrospective examples where that has not been the case, 99 out of a hundred it is. And you can only tell the 1% after the event.