QBID - Great Point Neal. Been here almost as long as you. Don't always choose to write. But I started out as an investor in QBID. Not a trader of it. I just so very pissed off that they could take such a great idea and what is shaping up to be great channel and what was such a great stock and kill it with by the way they handle it. They diluted the shares so bad it wasn't even funny. They used to blame it on MM's and say shares where not issued and someone is shorting it. Hell no they sold more shares themselves and killed it themselves. Stupid wasted breath PR's. This should no longer be a pinksheet stock. But they handled everything piss poor.
I still think this can come back, but not with a hundred billion shares I don't know. I'm really thinking in two directions. Those that are share holders now and those in the future. Share holders now are basically in bad shape. This has slim to none shot of going back near a penny without a R/S.
Now if they R/S and bring the number of shares down and do a couple of things right, then maybe it has a shot. But someone who bought shares $10,000.00 at .01 is sitting on a whole $200.00 now. What do you tell that stock holder (investor, not trader)? If they double down and this comes out of this funk and they can sell at .0004 they could be even. But tough chance to take. Now if we have a R/S of 1/1000 That would leave the stock holder with only a 1000 shares. Share price would have to go to $10 to break even.
But if anyone think share amount (100 Billion) stays the same and stock runs to .01 again that would mean The stock would be worth 1 Billion dollars. I really doubt that current management can make this a Billion dollar company.
Now if we get new management a money person involved, maybe things get better, but I don't see it with this share count.
Yes I love this concept, no I'm not gay and Yes I'm bitten by QBID.
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