Replies to post #28312 on Ngen Technologies Holdings Corp. (fka NGRP)

[easymoney]

I posted the DD I had few weeks ago at 0.0003/4 as I bailed at 4 took a small lose on few 5 I had as I had mostly 4s.
Didn't want to believe my DD at first as I made good coin on this few months ago from 0.0007-0.0015 but many red flags arose+slow Market.
My Guess is r/s,name change or a few months wait +++ just like SUT@ and other pos come to life every year++.
R/S and they will dilut the crap out of it again imo to low trips for a bounce.

Hope it runs soon but I got a cold Chile from Winter.

[Gailm]

Stockless, like most things there are those who exploit

Gailm I do agree with you on the non intent of loose standards on penny stocks in general. It is like a big dah to any trader that say's gee, if I pay myself a lot and keep diluting I can't get in trouble.

The idea of reduced reporting requirements was to allow start-ups to conserve capital by not having to make such high and expense hurdles in AUDIT and LEGAL as is demanded of fully reporting companies.

While young start ups should have been the ones to embrace that PRIVILEGE--it has turned out to be an open invitation to every two bit scam artist out there.

Certainly that was not the intent.

Now you may say that "buyer beware" still is in full force--and it is, HOWEVER if you can EVADE the financial responsibility for personal gain.....well most of the time GREED wins out. As a result, good little companies get painted with the same broad stroke as the Pringles and Perlowins of the world with their intricate and elusive faux reports subjected upon wishful investors.

Its a mess, and no I have no cure. Except the truth. Therein lies the differentiation between the good, bad and the ugly.

And I have to tell you all these companies including LIBE, which associated themselves with Bruce Perlowin and HEMP, inc.--have turned out UGLY.

JMHO, and GLTA!