This post is so on the mark,I had to re-post it here.
Thanks Uncle Steve for your tremendous work!!!
Don't let Sanswire or similar penny stocks ruin you financially. Do your homework. Learn all the relevant FACTS about a company before investing. Study its history and reputation. Consider the claims they are making and see if they are realistic. Talk with people with experience in the area the stock is trying to become successful in. Compare the company to other companies in the same field. Look up the history of the company's executives. Use Google, Pacer and other sites to see if the company has any serious legal problems.
Right now Sanswire shareholders claim some unemployed bankers will save the company. They will make it a success, they claim. I doubt this, since this company doesn't have a product the government wants. The government has already awarded contracts for similar products to other companies with decades of experience in aerospace. Sanswire or its TAO partner have never sold any airships or Stratellites to any 3rd party(GTC doesn't count since they have many SNSR shares and are closely connected. It would be like someone saying they have this amazing invention, but the only person who has purchased one was his brother).
In my opinion.
In the constellation of Cygnus, there lurks a mysterious, invisible force: the black hole of Cygnus X-1....
