Replies to post #9123 on Red Cat Holdings Inc (RCAT)

[Samshalom1]

As much as it sound enticing, from whom would we collect? We are the ones holding the bag. I’d say that the company is insulated from any action, until it becomes profitable. Maybe someone knows something that I am unaware of? I’d Love input.

[warbabypoet]

lol don't think there is one penny stock I've been in where someone is not saying class action. This is the realm we are dabbling in here. What would we get if we win anyway 10 bucks a piece after the lawyers eat anything they receive up. This will bounce so my advice (though it's just my opinion) is sell and get out or average down it's the only thing to do at this point. I have been playing with OTC's for 8 years now and my portfolio has about 8 tickers in it that are worthless. If you sold them all you couldn't buy a cheeseburger off the dollar menu at MCDees. That's if you could sell them. This is pretty much a new startup. Not sure of the shady crap they did with the VR side. They said the sold it. To who and how much I don't know. They might have sold it to themselves because they realized they had a product. Now if you can find that link and connect those dots. And they make money off that product. That's the lawsuit. that's one that I would join anyway. Other then that I 'm just waiting to see what happens and would be happy with .05 cent at this point. That I think is a realistic sell point. I believe it will happen it's just a matter of time. SO I wait....GLTY....