Hi Kid, Oneofirst50 on this board is actually on
Post# of 3605
Posted On: 05/03/2016 10:29:46 AM
Hi Kid,
Oneofirst50 on this board is actually one of the first investors circa 1989.
This was the first group. There was a second group in the early 1990's.
Then George got into the SEC thing and had what we call "the rescission investor period" which was when George had to give money back to investors because he didnt go through proper protocol to get the funds.
the investors who wanted their money back were swapped out with the rescission investors who bought in.
This is where I came in 1995. Didnt have 2 cents to rub together as I was in my 20's but invested with friends and family.
The smarter ones got out when the stock finally traded in 2007/2008 at about a double,but the original investors, I think got 20x that, the ones that didnt sell are left holding the bag.
I know some of my friends still have some. They never mention it as its worth like $15 (on a 10k average buy in)
I didnt sell because at the time I was doing quite well in Foreclosures /REO with the housing crisis -so I said f*** it.
lol. I talked to one of my friends last year and brought up George again. He couldnt believe he was still at it. when asked how many shares I own I said -millions. He was amazed. He couldnt understand the sub penny pricing. but I Think he might of bought back in. I probably should of kept my mouth shut in hindsight.
Anyway , my deceased mom and dad bought in 1995 and a lot of my friends did. Most didnt sell. Most have forgotten or wrote it off long ago.
George is still at it. who would of thought. And that is the only reason I kept investing. I mean, how is that possible that he is still at it? A rare bird indeed.
I pretty much think GC has mtg his house and everything to keep this going and day to day operations. Hasnt taken salary in a long time. He wants this to work way more than us. Its his lifes work.
But that doesnt help our situation.
Hoping for the best.
Oneofirst50 on this board is actually one of the first investors circa 1989.
This was the first group. There was a second group in the early 1990's.
Then George got into the SEC thing and had what we call "the rescission investor period" which was when George had to give money back to investors because he didnt go through proper protocol to get the funds.
the investors who wanted their money back were swapped out with the rescission investors who bought in.
This is where I came in 1995. Didnt have 2 cents to rub together as I was in my 20's but invested with friends and family.
The smarter ones got out when the stock finally traded in 2007/2008 at about a double,but the original investors, I think got 20x that, the ones that didnt sell are left holding the bag.
I know some of my friends still have some. They never mention it as its worth like $15 (on a 10k average buy in)
I didnt sell because at the time I was doing quite well in Foreclosures /REO with the housing crisis -so I said f*** it.
lol. I talked to one of my friends last year and brought up George again. He couldnt believe he was still at it. when asked how many shares I own I said -millions. He was amazed. He couldnt understand the sub penny pricing. but I Think he might of bought back in. I probably should of kept my mouth shut in hindsight.
Anyway , my deceased mom and dad bought in 1995 and a lot of my friends did. Most didnt sell. Most have forgotten or wrote it off long ago.
George is still at it. who would of thought. And that is the only reason I kept investing. I mean, how is that possible that he is still at it? A rare bird indeed.
I pretty much think GC has mtg his house and everything to keep this going and day to day operations. Hasnt taken salary in a long time. He wants this to work way more than us. Its his lifes work.
But that doesnt help our situation.
Hoping for the best.
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