Here’s my problem with the R/S. I understand that I have lost nothing with the R/S but my chances of making more money has diminished greatly. Let me explain.
I HAD 12,500,000 shares. 12500000x.0001=$1250.00
Now IF the price ever got to $1.00 PS that would have given me 12.5 Million Dollars. I know I was highly unlikely to go to a buck but it was possible in a few yrs.
Now I have 2400 shares. 2400x.50=$1200.00
It would take the PPS to be $500.00 to make the same amount. Now that would be very hard pressed to ever get there. IMO …. Impossible.
I am not happy with the decision of a 5000/1 R/S but I understand the need for it. I would have preferred to have them make money first and then do a buy back. That would have made ALL people involved with the stock happy.
I still believe that this stock is a good investment, but now it is 5000 times less than what I invested in.
Good Luck to all. Seems that I will not be making it to Silverton for the party due to a major lack in funds now.
King Zulu
My Wife always reminds me that I am not the man my dog thinks I am
