That's just sad. I take it then the vast majority of companies on the pink sheets are not "legitimate?" Even more sad is the idea that most investors intentionally seek to make money by leaving others holding the bag. Perhaps I was too naive two years ago when I believed all the PRs form ACLH, a 47.5% common shareholder in PWEI. But I thought a legitimate business would be capable of realizing profits for itself and shareholders. How do folks sleep at night knowing they're making money at the expense of others' losses?
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