Welcome to the OTC. Things don’t always work out. Deals fall through. I mentioned this in my last post, the fact there are a few companies interested in SNRY puts it on a better place than tens of other shells seeking mergers.
Time will tell. It’s simple, to each their own. If you don’t like a certain stock or a company honestly the stress isn’t worth it. There are many other opportunities out there. All of the OTC is down. Alpha Ridge stocks are down a larger percentage than Krisa’s. Why aren’t you calling Frank incompetent?
GYGC was at .11 under Krisa’s management. After they announced Frank purchased the shell, it traded in the .05s range yesterday. So maybe Cooley in control of some companies isn’t bad after all.
One last thing to remember. Cooley isn’t really in charge. He works for the majority share holders. They still make most of the decisions. It could be them that rejected the company from a month ago for reasons we don’t know. Remember how IFAN went to Larry J Williams? He was actually against it. But he was forced to accept by the majority preferred share holders.