Good post. My original investment was also at $0.02. My average is lower than yours - 0.00023. I have sold half of my 47 million shares, and am holding the rest. I don't have confidence about it, but I won't dump any more at a loss. Good luck to us all.
No excuse for Newton not updating shareholders, having IR, having a phone that works, having an office even. No excuse for not filing financials as promised six months ago. No excuse for selling billions of shares to Gendarme at a Deep Discount. jmo
That was a very nice try at sounding reasonable but it lacked any foundation for what you tried to build.
While you cited certain published statements in each case your interpretations were based on nothing but your own internal belief structure and were completely unsupported by facts.
Based on what facts? What differences between RCCH and the 'general rule' do you see that support your belief in the exception?
Outside of your belief in the existence of naked short sellers associated with RCCH, what facts support such a belief?
(Please don't spin some wording in the DTC memorandum into support since there is no mention of naked shorting in the memorandum and the DTC keeps and publishes a listing of all fails to deliver that would clearly indicate any DTC supported short position.)
In what universe does the suppression of financials 'protect' an investment? Surely the release of positive financial information would not only benefit the stock price directly but would indirectly force the cover of that imaginary short position that your belief structure depends upon.
That is a completely unsupported and unsupportable premise that directly conflicts with the wording and limitations of the SEC complaint. If such an occurrence existed the punitive relief sought by the prosecutors would include rectification of that occurrence. It is not included and is therefore not available. So regardless of the strength of your 'belief', it is not going to happen.
I always appreciate the reasonable presentation of your postings, it is unfortunate that your conclusions and opinions do not stand up to even the mildest scrutiny.