buynsell
What's the difference between 1.6 billion shares and 2 billion shares in reality? I'm no expert, but if this company has the "stellar technology" you claim they do (which is NOT the case....look around, you will see for yourself what else is out there and what else is being used); they will need to reverse split this stock to raise any substantial amount of money to fund their projects. Earlier this year, and last year, they made claims of $5-9 million in revenues, and I will bet they are no where close to $1.8 million. I'm not trying to rain on your parade, but you claim to be buying this stock and accumulating, which I have no reason to doubt, but if you are doing so hoping for a profit, you might wanna reconsider. Stocks with this number of shares outstanding are either A) companies like MSFT and highly successful, B) getting ready for a massive reverse split so that someone will invest in them (assuming they have a viable business) or C) getting ready to turn out the lights. Of course this is an opinion and only mine, but they are a non-reporting pink sheet company with less than $1.5 million in revenue, trading at .0001, and have almost TWO BILLION SHARES OUTSTANDING. Something else to really consider, and ask management about.....why if this is SO GOOD, have they not done anything of real substance in the THREE YEARS they have been promoting it? I am NOT a basher. I have a deal of money in this one, unfortunately so, and am retired, so I cannot make it back. I am very hopeful for a recovery, but have moved on in my head, hoping the shares will be worth something someday. The kind of reverse split they would need would wipe out my investment, and many others I'm sure. Good luck to you with your strategy, cause you know what your are doing better than me.
