A R/S has been my prediction for a long time. Don't forget, I also said the DTC SHOULD prevent it from happening, just so he can't keep the stock trading on the market. It's not Mark's fault, it can't proven i should say. However, unless you're a fully reporting - with audited financials etc- company, the manipulation will run rampant with your stuck (market makers shorting) when there's a lot of buyers pouring in. Because that's when they can have a field day with creating illegal shares - then shorting - and they are shares that are unaccounted for on the market, and THAT is mostly why the "hot penny stocks" take a hard nose dive down to the 0001 area. It's been going on for too long to care about anymore... Throw in a CEO who is dumping millions of shares, and well, you got two sides both running a scam. Disgusting. We can't prove it, but we can see the June PR of the 5 billion share increase, which all but proves the ceo dilution. That's why i made the "DD" Post and put together all the loose ends, to show people how scammy this thing looked. Recommended to all to SELL asap before you won't be able to.
ALLLL THAT BEING SAID
I could still be wrong. Leonard could do a flippero, and arise as the savior of the stock/current shareholders. Hmmm, wouldn't that be great? It really would be. I'm pulling for the longs
But, dishonest PR's about the port of kalama, makes one wonder about Mark's true character. So, I personally don't expect good news.... and it sure seems like the r/s is imminent. I said a long time ago, you're probably looking at a 100 to 1 reverse split.
I told you all to sell. Hopefully I'm wrong ? I hope i'm wrong so people won't lose their money. but it is, what it is.
the scary thing is, if the stock reverses and keeps trading, the same cycle could very well repeat itself.
Happens all the time.
Therefore, I'll say this one time, and once only. After the split (if it happens) - if you still have shares........... sell them asap