"So you are saying that both the surrender and reissue were orchestrated by the previous regime?"
That is what I want to believe for the sake of all concerned here, yes. JB may be a good guy, don't know, and none of the people who know the biggest scammer's in OTC have said anything negative about him.
It would not surprise me one bit to find out the past regime, and friends shorted this at the high, and easily covered knowing the dilution coming. Just the way they work the scam.
I wouldn't sell right now if I did have shares, but would want to read the latest Q, to see what was done to buy into this, or make any decision on where to try and average down to get out of it. That is not trading advice, just what I would try to do if in the situation of some here.
Anyone who thinks I do this for gain from them is not really paying attention. I do not want shares at your loss, but would take them from the scam dilutors when they are finished selling their free or discounted shares. Just playing the scam.
If they haven't issued anymore than the original 15 mil in regard to that S-8, then maybe this has a chance to move up in the near future.
All posts are in my opinion only. My posts should never be taken as a recommendation to buy or sell any stock. Some opinions posted by me on this website or elsewhere on the internet could be due to uninformed or incorrect opinions based on actual facts.