Mindpix Corp. (fka MPIX)

[Toxic Avenger]

Buying MPIX is like buying a playing in a poker tournament with a $1 million pot where you and 15 others put up $50k each, another 14 players put up nothing and 20 more put up $10k each. Each player gets $20k worth of chips and players can take their winnings out whenever they like.

You could win, but it's unlikely and it won't be much, the 50 players who put in nothing are going to do really, really well, even if they don't play a hand, and the $10k guys are going to come out ahead as long as they don't play recklessly.

Here's how it works.
1.Shares given to promoters or sold at a massive discount.
2.Promoters sell shares to retail and book a large profit. Volume high, price falls. Retails think "it's a bargain now".
3.Promoters pause selling. Volume low, price rises.
4.Promoters take some of the profits from prior sales and buy, mostly from other promoters. Volume and price increase. Retail holders with a nice profit just can't seem to sell their shares.
5. Repeat steps 2-4, with more free/discounted shares from time to time.