The cons have the upper hand right now. i'd sa
Post# of 43064
Quote:
The cons have the upper hand right now.
i'd say it's the exact opposite (btw the PROs i'm referencing aren't
investors rather one side of the cycle of $$$$ that operated damn
near a perfect crime via the vehicle of choice re: OTC stock manipulation)
but clearly based on what i always post >> investors
have to be aware of their risk tolerance
risk rises exponentially the closer mgmt gets to execution re: legit OTC co.s
zero doubts
i am equally certain that the successful early adopter of this newly emerging sector (disruptive tech)
will create generational wealth .. there are only a handful in the running
regardless of how much *noise* gets posted by 2 of the Welland 3
the reality is it will also depend on how *handled*
imo 5 days ago the stars were in total alignment for this last round for mgmt
meaning >> based on observing almost 5 years of *trading patterns* on the stock
and noting reg sho percentages *marked* by the PROs
if i'd been mgmt >> i'd have issued the K and Q simultaneously
with a *detailed* Update out within the hour of the Q's filing
allowing remaining housekeeping items (ticker/name/cusip) to be in place by EOM/EOQ
setting up what i believe to be en route re: a sequence of material events that culminates in uplisting out of the cesspool aka OTC
clearly mgmt couldn't do that .. it could be as simple as waiting on funds re: Q
or something else entirely
what is very clear to me (and yep my opinion) is that neither the co.s
founder or the current ceo lack a work ethic or a moral compass
but i'm sure *exhaustion* is a daily companion .. to say nothing of
interfacing with advisers (legal and others)
when P2O uplists .. they have one hell of a tax write off
and imo the most perfected (until proven otherwise by filings re: other pubcos in the sector >> hint none currently) system
i will take that risk ..
and recognize for me >> PROs never cover one second b4 being forced to do so
hence my *lack of concern* re: PPS gyrations
it's the first lesson any *investor* in the OTC needs to learn
never risk more than you can afford to lose
and know your risk tolerance
4kids