Edogg, I did pretty well on this pig over the last 10 months..Stuck with about 10 million shares is all.. that I paid 0.0001 for. 1000.00 loss, for what I made is no big deal. Folks where saying I was nuts for selling at 100 % profits..Those folks are now bagholders. The stock will go lower and I will bet you on that one.
The stock is garbage, management are scum (Do a google search on Dennis McLaughlin) and they do not have a marketable product to sell to consumers.
Next time pick up the phone and see if someone answers. If not its not a real company.
Bagholder
The term bagholder is an informal slang term used in U.S. financial markets to refer to the shareholders left holding shares of worthless stocks.[1]
The shareholders could be caught up in a corporate bankruptcy and accounting scandal, as was the case with Enron and Worldcom, or the victims of a pump and dump scheme, in which naive and unsophisticated investors fall victim to e-mail spam, rigged stock tip forums, or other tricks used by stock touts to drive up the shares of worthless penny stocks.
I do feel sorry for new traders but I did warn them.
Good luck. You learned an expensive leason..You can call it stupid tax. Hey thats one Obama can use.
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