InvestorsHub Logo
Followers 7
Posts 1004
Boards Moderated 0
Alias Born 09/28/2010

Re: yogowypi post# 33338

Thursday, 06/02/2011 6:14:33 PM

Thursday, June 02, 2011 6:14:33 PM

Post# of 64445
The likelihood of this stock seeing .16 is about the same as winning the lottery. You'll probably have a better shot with the lottery. My investment in this company would require a little higher value than .16 but I don't see that happening either. If by chance it does hit .16 it will more than likely be for a few minutes or hours, then fall back to where it is now. The only consolation is we can write it off on our taxes. Once again Ken prove me wrong, You haven't done it yet and I'm not alone out here. This my opinion based on this CEO & this company's performance as well as the company it was spun off from. Sadly these people can do this to the investors over and over. When a company does a Reverse split, it usually spells doom for the investors. In this case, Ken the CEO/CFO/President/Secretary/Treasurer and all other company Officers rolled into one, doubles the number of shares knowing he is going to do a R/S, telling us it will be within two years & I told everyone, it would be a lot sooner. Some kept saying, Ken won't do a R/S until he sells his shares , Duuuuuh, He owns the company, a R/S doesn't hurt him, he has all of the investor's money, his shares were worthless when he took them so how does he lose?