Altho I sold out the day before the R/S and usually don't look back, I dropped by and read your post. The internet and internet stock trading has opened a whole new world of investing. Years ago penny stocks and microcaps were almost untraded and untradable for ordinary investors as the commissions of full service brokers were too exorbatant to make it worthwhile. Then came the internet and the deep discount brokers. Penny stocks gained a whole new following as many saw that a 1¢ stock going to 5¢ was far more likely with less capital expediture than a $10 going to $50. The boom was on. Yet along with that boom came the scammers hiding behind these microcaps operating way under the radar. Their main source of revenues was selling shares and pocketing most of the proceeds. Yet the same internet that made this operation possible has also the same means to spread the word on these scammers; bulletin boards like this one and many others. It takes only a few minutes to spell out to potential investors one's experience getting screwed by a company and the people running it. I don't blame anyone for getting their "revenge" in this manner. Myself, I've seen it too often. I keep a file on my desktop. In it are the names and symbols of these companies and all the principle people's names that were involved with it. It has become part of my DD when checking out a new company that I may want to speculate with a few $$$. If a name in that company shows up that I have on file from another operation the red flags go up immediately. I'm sure many others have similar systems in place to help themselves. Bottom line here is someone has used this comapny to sell shares to raise money for whatever reason and left the shareholders in a ditch with a reverse split after taking their money. If they want to come back and take multiple pounds of flesh using the internet to destroy the company I don't blame them at all. It's almost like shooting a rabid dog before it bites someone else. JMHO and Happy New Year to all here.
.......al
I may not agree with what you say, but have fought and will continue to fight for your right to say it. USArmy 1966-1975
AI
