Replies to post #42547 on Bitzio, Inc. (fka BTZO)

[iSmellCrickets]

My point is once that share is held outside of the companies control, it's a liability. That liability is debt, where debt is the means to procure a return on that loan.

A company with 1000 shares at $100,000/ share is 'worth' much more than a company with 100,000 shares at $10,000/ share

The IPO is the selling of shares, nothing more nothing less.

How am I wrong in boiling this down?

[ShoeGlue]

Pink sheets dilute to screw shareholders and line the pockets of the management/ owners.

(Almost every pink sheet stock dilutes, in my experience. That said, why did you happen to buy into this one, or why even bother with penny stocks at all, having your knowledge? I do it because the returns can be enormous, if we hit it just right. I've done very well, and very bad, in the past. I've stopped getting bitter over the ones I don't cash out big on. Afterall, I'm the one making my decisions, I'm the one responsible for doing DD, and I am the one making the gamble. If I lost money on a few, rest assured, others made a killing... and vice versa. No reason to blame anyone else for my own actions that might lead to personal disappointment. Being a gamble, I just don't tend to blame anybody. I am literally gambling in the OTC, that's all this is. Online poker took a dive, so here I am... an adult taking a risk with disposable cash, same as everyone else, I suspect.)

I know of no pink sheets that diluted/ split for the betterment of their business, to increase earnings and enrich their shareholders.

(Split expressly for the purpose of exclusively benefiting shareholders??? Heck no. They are about making money. To say shareholders reap no reward, is inaccurate. GERS itself split and as of the time of my post last week, pre-split shareholders were either even or WAY UP. they had been for months and months while actively trading. I see no detriment to the welfare of the GERS holder in that instance, as an example. I know this isn't true of all splits in the OTC, but as far as GERS and Kevin Kreisler are concerned... that split HELPED. JMO. Only my opinion. Nothing more or less than MY OWN PERSONAL OPINION. JMO. GLTA! GO BTZO!!!)