Depends on what you mean by "successful" and more importantly at what?
This is the OTC...penny world. Most of these companies are financial disasters only good at selling shares. Most players here know the gig...momentum swings, hype, frontloading, promotion, swing trades, bounce plays....
PURA has announced this Spanish Peaks deal. Philip Verges is behind that one. He was the CEO of Newmarket Technology (NWMT) that was diluted into oblivion and then suspended and revoked by the SEC. He has been involved in other scam plays as well.
Doesn't mean nobody made some money trading his stocks, but a great majority lost everything.
If PURA thinks he is a good guy to deal with...then they are morons.
But I suspect they know exactly what they are dealing with. USMJ once had an AS of 500 million like PURA does now. USMJ is now at 13 BILLION and it will have to go higher.
Why would any of that stop now?
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