I called Boeing directly and they confirmed that they have a teaming agreement with PSID. However, that is not enough to stay in the game. When the company has no revenues, profits or positive cash flow plus your investment is heading south, that is not enough to keep me in.
Looking at things objectively, I was holding on to hope and dreams of this stock going places versus what the numbers were showing. Again, I will keep my eye on PSID to see if they make it to the big boards. I hope and pray that this company does not become like other penny stock companies I have been in: R/S and go right back to the pre-R/S levels, if not totally out of business.
Burned by sub-pennies, lessons learned from sub-pennies and my future profits won't be earned from sub-pennies.
