Bob was familiar with stocks and companies that trade on the Nasdaq. The OTC and pinks are a whole different animal all together. He may very well have known, but I prefer to think he was unaware, and got suckered in by D. Hey we all make mistakes. He isn't a god. I've made a million miscues, and will be the first to admit it. I'm sure Bob will too. The key is who one learns from your mistakes, and what you do to correct them and make sure they don't happen again. You really need to get off this Bob is holier than thou kick some of you are on. I'm sure he just laughs at it.
This isn't a death knell, yet, but its getting close. Company needs the stock price up to finance the company and to pay employees. With the stock price being so low, more and more shares are given out as a result. What could be paid at 20 cents is triple the shares at 7 cents. And it will only get worse and worse unless something changes. That is what is called death spiral financing.
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