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Alias Born | 12/22/2006 |
Tuesday, December 27, 2011 2:10:46 PM
As for litigation, I have never ever seen a OTC or pink get sued and have something come out of it for the shareholders. It is too costly for one, and two it is too hard to prove damages. Plus, no one here can say that this is a scam. I know I can't. It is a real company, but through some bad luck, bad timing, and some major incompetence, we are where are are today. That doesn't mean fraud though. Lets see what January brings with the end of tax loss selling, hopefully the end of this convertible, and some company news. This isnt over yet.
Remember, the OS here is still very low. Even if the company goes under, the chance to run as a shell is great. MLXO, a non reporting shell that was at .0002 with a 1.5 B OS, ran all the way to .018 this year on merger rumors/news. What could a fully reporting 200 something million OS shell do?
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