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Re: Optimistic Trader post# 17985

Wednesday, 01/29/2014 5:03:43 PM

Wednesday, January 29, 2014 5:03:43 PM

Post# of 235079
OT you are right. anyone buying at .0001 might make some money but it is limited. this stock may go up based on news, but it always comes down based on real results and dilution. Today another 1 billion shares were introduced into the market at least and I would bet that there are multiple billions left to go.

the stock will reverse at 10 or 20 or 100 to 1, then it will fall by 30-50% (THEY ALL DO) which means that those shares that you bought at .0001 that you believed cannot go down actually can.

It may go up on some piece of fluff news, and buyers like you who are in at todays prices will make some money. But you were a seller a quarter or 2 ago and at a loss so anyone who has been in this stock even 6 months is dead. That is reality

Now if the company can actually get going, get revenue, attract good partners and KEEP them, get to +$2,000,000 in revenue then this might change. But I just don't see that happening. 14 consecutive years of losses and after 14 years in business revenue of only about $500k. There is nothing here I am afraid and as I have said in the past this company is legally insolvent. they cannot survive 1 more week without selling shares. the shame is that there is no disclosure on those shares so new people coming in and buying have no idea what they are getting into