Sunday, February 20, 2011 7:00:26 AM
I am one of those "longs" too that has been screwed by this company.
I bought 95.000 shares @ 0.037 for 2515,43€ and 280.000 shares @ 0.014 (to average down) for 2702,12€. All befor the RS.
For the first I bought, I got these wonderfull dividents of 10%.
So now I have 2500 shares and 63 dividents.
I am feeling very sad for myself and all the other longs because we are the ones that made NVSR to the company they are right now.
But what do we get! Nothing at all.
Even @ these prices I loose let's say 98% of my money.
It would be fair that NVSR should pay out these dividents multiplied by 150 (RS was 1/150). I don't think they care about there shareholders, that is my opinion.
On the other hand, if I should have averaged down when the shareprice was 0.015 and for the same amount of money I bought, I should have been a winner. But what I am telling now was impossible, because I had to buy 500.000 shares, and these were not available at these cheap days.
I bought 95.000 shares @ 0.037 for 2515,43€ and 280.000 shares @ 0.014 (to average down) for 2702,12€. All befor the RS.
For the first I bought, I got these wonderfull dividents of 10%.
So now I have 2500 shares and 63 dividents.
I am feeling very sad for myself and all the other longs because we are the ones that made NVSR to the company they are right now.
But what do we get! Nothing at all.
Even @ these prices I loose let's say 98% of my money.
It would be fair that NVSR should pay out these dividents multiplied by 150 (RS was 1/150). I don't think they care about there shareholders, that is my opinion.
On the other hand, if I should have averaged down when the shareprice was 0.015 and for the same amount of money I bought, I should have been a winner. But what I am telling now was impossible, because I had to buy 500.000 shares, and these were not available at these cheap days.
Recent ERAO News
- Energy Resource Abundance Inc. Files 2025 Annual Disclosure and Reports Four Successive Quarters of Profitability • ACCESS Newswire • 02/18/2026 05:20:00 PM
- Energy Revenue America, Inc. Reports Three Consecutive Quarters of Net Income • ACCESS Newswire • 10/20/2025 06:20:00 PM
