Posted On: 09/24/2015 11:57:38 AM
Post# of 56323
Ok mmj side, I have about 100k of shares at .03 which equals $3,000. I get 1 share per 700 of my current 100k which equals 142 shares. At $1 per share that's $142. In order for my 142 shares to become worth $3000 it would have to be $21ish per share. My purpose for buying the origonal 100k of share is that one day they would be worth $1 thus making me $97k. that's not going to happen with 142 shares.
Drink side, I still have my 100k of shares currently worth $590 so I'm negative $2410. the drink shares need to get back to .03 to break even. it's currently a company with no revenue and hasn't released a product yet. Now maybe it will release a product soon and maybe it will go back to .03 by November 30th. I guess there's a chance the company will do well but it won't be this year. will it ever see a dollar, I don't know. but if I were looking for a company to invest in on OTC with that kind of return a drink company wouldn't be my first choice.
Drink side, I still have my 100k of shares currently worth $590 so I'm negative $2410. the drink shares need to get back to .03 to break even. it's currently a company with no revenue and hasn't released a product yet. Now maybe it will release a product soon and maybe it will go back to .03 by November 30th. I guess there's a chance the company will do well but it won't be this year. will it ever see a dollar, I don't know. but if I were looking for a company to invest in on OTC with that kind of return a drink company wouldn't be my first choice.
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