Well, as I mentioned in my very first post, that is approx. the number owned and controlled by the people I recruited to invest. I own 1.4M, but the majority is owned by my uncle (4M - 4.5M). What I can tell you is every one of these shares has a long term hold on them. No one that I know of has sold nor can then sell because most would be taking a 50%+ loss. And, no one is savvy enough to short and make money.
But yes, when that 1.4M hits, I am finally going to have options :)! I am only 31, so it won't be enough for retirement, but we'll see how long it lasts. I have always wanted to do Vegas "the right way" and that can get pretty damn expensive :).
Just a question. Do any of you have these shares locked up in a Roth IRA so you can avoid the taxes? I feel this is the only way to invest in penny stocks. Of course, I only have 200K in my Roth account, but I am too young to sit on the full amount for 30 years.
