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xyz1002

02/28/17 10:04 AM

#12535 RE: IndianaUSA #12523

Every single OTC stock is a gamble. 99.99% of them are pure scam, share selling scheme. Not sure how much is " a lot of money for you". But no one with a lot of money should start trading/investing with OTC stock. It is the only 100% guaranteed way to lose it all in the shortest period time.

I started investing in 1996 with $100K startup capital. I bought 10 stocks each $10K worth like McDonald, Pepsi, DOW Chemical, Intel...etc. Besides Intel, I have all of them in my DRIP scheme in my account with Pepsi becoming 2 diff company. To be honest with you, I have not seen them in years except I know they are growing. Then I opened a brokerage account where I have more than 100 stocks at any given time. I play pennys for adrenaline rush. I may have made money in few pennies but most I lsoe them all 100%. The largest I ever lost in a penny stock was over $150K in a company called XChem many years ago. It was supposed to be a Biotech Co too.

I don't trade full-time, I have a full-time gig.

Good Luck

GreenBrickRoad

02/28/17 10:54 AM

#12556 RE: IndianaUSA #12523

I, for one, sincerely thank you and JLUT for spending so much time on not only completing DD but also communicating your findings to the board. Of course, everyone is encouraged to do their own fact checking and follow-up DD, but this still saves me (and likely others) time. Much appreciated and keep up the great work!

mersavali

02/28/17 11:00 AM

#12563 RE: IndianaUSA #12523

well said indiana. do you still think its a great company? i havent sold any of my shares yet. whats your take on patent confusion ? is this going to affect the share price ? please explain.