Unfortunately this is how it works at ELAY. Folks thinking they'll play a .0001 bounce get stuck at no bid, your millions of shares aren't worth beer money.
Sergio hits shareholders with YET ANOTHER 1 for 200 reverse split. The stock trades briefly at .02 and is manipulated up to .03 before Sergio dumps and shorts attack. By the time your new shares arrive the PPS is at .005, an instant 75% loss but so much better than most ELAY shareholders make out.
The temptation is to average down but this is foolish, shorts will crush the PPS down to .0003/.0004 before the Christmas miracle happens... a nice pop and 400% profit to buy Christmas pressies for those "in the know".
Do some DD and know what you own or even better, don't play penny scams like ELAY.
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