Only sold a small portion of my holdings.
Was actually starting to accumulate again at what I thought was the low at .20. And further thought .15 was a bargain.
I have abandoned that mission for now,
as I am tired of throwing money down the toilet here, there seems to be no end to how low they will take this.
(anyone want to talk about a market cap of $250,000 - LOL)
Actually, I really shouldn't laugh, anything is obviously possible and it is conceivable.
so until I feel the bottom is behind us I am in a holding pattern.
I am now becoming concerned on how low this might go,
Every penny the stock closes down at these levels begins to inflate the conversion levels quite dramtically
If this drops to a nickel, conversion will be at 1 billion shares.
Is that tolerable, is it in r/s territory, ?????
If this drops to a penny, conversion will be at 5 billion which will eventually result in another r/s. (doubt anyone here owns enough shares right now to withstand another r/s)
When is the point reached when there is no longer any value for the retail shareholder to be rewarded under the current structure.
Questions only you can answer for yourself
Good night
Jeff
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