Thats why I just couldnt pass up shares in this range anymore. At .25 (kind of the mid point of where we have bounced around lately), the market cap here is only about 1.25-million. Now, does that leave some room to go lower if NOTHING ever comes from this stock, and Seymour and Big George just decide to leave it in their safe? Of course. But IMO, the downside risk in this range minimal in comparison to the MASSIVE potential this stock has IF they decide to do something with it...ESPECIALLY given the fact that at the BID, we are currently priced close to a shell.
Also keep in mind this stock has an incredibly small float. For those that dont know, Seymour and Big George own almost 1.8-million shares each, which is 3.6-million of the 5-million shares outstanding. I know between just a few of my friends that I have spoken to on here, we have another 200k shares locked up. Add in the rest of the big holders here (Choppers, LOL, Mikey, etc.), and there cant be too many shares available for sale here at sub .30 prices.
Overall, this may take another month, another 6-months, or another year to come to fruition, but I like the risk vs. reward factor here when it comes to places to park money for awhile. The pay-off here could be EXPLOSIVE.
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