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Thursday, November 01, 2012 1:08:47 PM
IMO, again, best case is that Jeff Reid successfully gets his records audited and successfuly uplists with MM. Then in all probability we are looking at a 1,000/1 or 10,000/1 reverse split to get the price in the teens. Let's say 10,000/1 brings today's price to $20. the price will then drop to somewhere between $10 and $20 for several quarters. So this means our current shares may end up at a todays price equivalent of between $.001 and $.002. Best case.
So if you are a purported "long and strong" holding out for the price increasing ten fold, that simply will not happen.
Good luck to all. Mr. Reid returned my call last week and that gave me confidence he is not scamming us, he simply can only do som much for the value of the current shares. If he executes his business plan, successfully, the company could be very profitable some day and I hope it is, but your stock is going to struggle to get a value that will increase the value of your investment. My recommendation is don't buy any shares for more than .001 and if you can sell at .002 you probably should. I am going to sit on the share I have, and hope for the best case and maybe the someday, well into the future they will exceed their cost basis, some day well into the future.
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