The last paragraph may be a possible if this is truley a real co. with a real product, words are cheap and anyone can say they have this or own that, but if he can sell this co. ?? These lines were from how to trade grey stocks....
Obviously this type of stock usually has very little history. And finding information on such stocks is difficult if not impossible, so grey sheet trading generates great risk if you can trade them at all.
Those Gray Sheets stocks that do have a history must be studied carefully - if you can find the information.
Although companies with a history may have had serious past problems, they may still have novel and exiting developmental product(s) in the making that could become in high demand.
I am thinking though that many such companies would have been, or will likely be, targets to be merged with, or bought out by, larger companies if such super products, or patents, are actually in development that are worth their weight in gold. Why? because such companies can be bought up for a fraction of the price then if traded on a stock exchange or even the OTCBB.
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