I've got 50 shares which used to be MANY more before the split. I know I'm at risk of losing my $11 by saying this, but this whole thing sounds similar to a story I heard from this company a couple years ago. We had a big deal agreed upon to develope some land in FL and also a huge mining property to develope overseas. We waited and waited for the final agreements to be signed which never happened. I would give this $2 per share agreement about a 1% chance of getting finalized based on my experience. Who knows...it might hit the $2 goal and I will only lose 90% on my original investment, but there is no way that I'm investing more here. Just waiting until I need the tax loss to get out.
Although, I say congrats to anyone who is able to make money flipping this. I just felt the need to warn those who are "long" and trying to hit the homerun like I did. Make your money and get out...let the suckers like me hold until there is nothing left to lose.
HomerRomer
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