Thanks Ninja. While the site you mentioned is off the beaten path, some news and a few more listings like this on other penny stock sites would definitely push up the PPS. Thats what happened in February of 08. News was flowing (no profits just news) and CSMG (what was CTUM? I remember those symbols too), the symbol at the time were recommended as a penny stock by one of the newsletters with a group called Taipan. http://www.taipanpublishinggroup.com/
Basically all these guys do is sell newsletters and one of them recommended what would become Live Tissue Connect with a long and, from my point of view, compelling article on the use of LTC technology for plastic surgery applications since the scar tissue is close to invisible. For some reason LTC has not focused on that application but it seemed like a good direction to take at the time. Thats when I bought my first shares.
My point being all that drove us to $2.30 was positive news and a couple of recommendations with a just few new investors the price will rise nicely. If there is actual substantial news it will go straight UP.
Am I happy with my investment? Having Don pass on at Christmas was not the gift I was hoping for! Do I think the stock will recover? For sure, its just a matter of time. It may work out in some way that we have the new management group.
I have been sucking lemons for a while now but lemonade is definitely in the future. It seems like forever but its not really a long time, it just seems that way to someone hoping daily for solid advancement of the company. 24 months is not that long for a business that is bringing technology to market, it has been something like 900 days, really more like 21,600 hours for me too many minutes! Would I invest in CTGI again? Sure but at much lower PPS then am in for. To get in at the current level would be great, but I am in for a bunch of shares at a much higher level (like a buck) so I am done buying and will wait. It won't take too much to get our stock flying but we do need something an actual deal or partnership to get things rolling.
I just wanted to say HI to everyone. I am not back on the board, but will continue to check in on discussions and wait for our "elusive" but hopefully forthcoming news.
Have a great day everyone!
Joe in Charlotte