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robinandthe7hoods

02/14/10 3:11 PM

#7216 RE: whitedragon #7215

Regardless of who or what takes this shell over,the disparity between the A/S and the O/S is so huge that there can only be one thing that occurs once it's taken over...massive dilution and a stock price that drops into the triple zeros while the new entity gets it's gameplan going,or the scam is run,whichever the the new CEO chooses to run.This is a perfect example of why to stay away from R/S.

I was hoping to make up the difference in LFSI,but guess what...they're R/S 1-545.Even worse!LOL!I've learned a valuable lesson.That's three R/M I get involved in and I escaped once,getting out even,but lost in the other two.The number of R/S that go on a run appears to be so miniscule,that it's tatamount to throwing your money away.I hope this post helps other investors not to get caught in a R/M.

The thing about a R/M that ends up R/S,is it's not illegal.The owner is cleaning up a shell he owns to sell at a profit.But,they'll sell shares beforehand to max out what they can get in the original play and string the current investors along until they decide to do the R/S.They make money both ways.