Yes we chatted about that very topic just today! We came up with:
1. He was led into a trap by someone still in the mix.
2. He was in desperate need of a quick dollar for reasons we can further speculate on.
3. Stupid.
Hold your position - if you can break even on .03 grab it and go if you wish. I plan to ride this one until the product is coded and marketed. I want to be around for the reason I invested: I want the protection and security to come to fruition and hopefully get a fair shake for me and my company on the purchase of the product as an investor.
Scam! Are you kidding - of course we, and the company, have been scammed (I don't think it - I'm convinced of it). However, i believe the patented product is not a scam. The inventor took it up the gigi and the rest of us will if we don't bring this one from the dung heap.
If you bought in just for the money you ain't going very far (after taxes) unless you have 25 million++ shares and you are an old fellow. Anywhere less than a million shares at .03 after taxes you may as well take the gamble you did when you bought in. It was a long shot even if there were no scammers. If I were in for the money I'd put it in BP or Duke or Oxy or Dominion - anywhere but a penny stock unless I was into pumpdump. This was one of those very rare ones that happened to have the ring of success to it before it got scammed. BTW, many of us can live comfortably off the dividends from Duke ... stick around Trap.
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