I didn't make much Angel, only about 1K or so. I escaped with my 15K intact is how i see it. I sure thought i was burned. I wanted to sell and walk when it plummetted to .002, my wife told me she had womens intuition and thought it would run then we could sell. She was bang on the money.
It pays to listen to my wife more than i do.
I think you are correct in that there may be money to grab here as a trade. I'd not throw more than i was willing to take a huge loss on.
TSXT had alot going for it although i didn't see it at the beginning. IBAC Corp had so much going they could have made HUGE money, but i think ED may be a headstrong idiot. He should have let Burmaster do what he knows how to do. Wayne could have set it up to go to the OTCBB, they had the hotels and i well documented them with not only the positive but the negative remarks about them. If Ed would have just gone to the house and STFU and let Wayne get it done that would have been a stock that went from sub penny to dollars. I think what ReapingProphet says is true when it concerns Ed, i believe Ed will habitually go for the easy money. Stupid stupid move to grab a penny when you can wait 2 months and trade pennies for dollars. He would have been clear of this pinksheet stuff and had a reputable company with investors that would have poured into anything new he did.