VG Life Sciences Inc. (VGLS)

[brezlin]

youngbiz...

I didn't answer your entire question.... NO I do not want this to tank or wouldn't be here... I have, however, played enough penny's to know that the majority in this situation will continue to fall while they (if they are) print shares to pay bills and are waiting for results of testing that can take years.

They have SO much potential from many facets within their entire organization that I would be surprised if they fail completely.... but that can happen from the top if bad management hangs around... or if they do something really stupid like reverse splits or toxic financing. Hopefully they will take care to not do those things or we will see the beginning of the .000's death spiral... have seen it hundreds of times.

The upside that makes this 'gamble' worth taking is what IS in their portfolios...any of which could be worth billions if all works out...and many dollars/share for us...

in the meantime, average down as I think that is the direction for a while...

all jmo...