Logiq Inc (LGIQ)

[cosa nostra]

Its quite because 10Q showed negative results, there is no website for the last 3 months, Shares outstanding has exploded due to convertable Debt taking place and when management had good intentions of merging and dropped the ball on that move, huge mafia shorts came in and has caused the major collapse of Sitoa Global PPS. You all have to understand that almost half the float 400 million shares is on the Reg Sho naked short list. This is extremely bad, I mean real bad. The only fix to this mess is another merger news with a reputable, b2b, ecommerce outfit. Otherwise, buys have just dried up as confidence in this company is at capiulation.

Stoa destroyed many retail traders. I myself am down over $10,000. It hurts but I will just hold it as I do feel that they will announce a merger. Its not a scam of a stock. Scam otc stock always get promoed. Stoa has not been promoed even at these levels. Its plain and simple a group of CD's that are being unloaded onto any buyers. Buyers have dried up so if no news they will sell at even lower prices to reep the huge gains. Eventually, stoas CD's will be converted and then, only if they can survive will stoa come back from these levels.