After having been burned myself AND causing others
Post# of 63691
There is a ticker which I have invested, not because the company will make money as it doesn't have any revenue and may not for a while but, simply because of the man who has requested and submitted the necessary paperwork to become the custodian of the company.
His name is Joseph Arcaro and he has successfully applied for custodianship of several companies over the past couple of years:
Here are the latest listings of the 31 he has applied for custondianship with the courts:
LRDR: Pending
CYPE: 01/30/18
VUME: 08/17/17
WSML: 08/14/17
QEBR: 08/10/17
BDGN: 03/21/17
Mr. Arcaro has had the uncanny ability to obtain custodianship of those companies while the PPS increased substantially. The above companies had tickers trading in the low .00's and .000's until his name came out as requesting custodianship. As has been the case with each, I am expecting to see the PPS on LRDR near the $.01 mark by 3/20.
I read where the judge said in the minutes of the court hearing that "it is a very real and attractive package." Whatever "IT" is.
The next hearing is scheduled in Chambers on March 20th. Hopefully Mr. Arcaro will be provided the necessary authority for Custodianship at that time. I plan (hope) to watch the PPS stair-step upward this coming week as the March 20th hearing draws closer.
As with all of these OTC stocks, nothing is guaranteed except that the price you pay will either go up or down (and most likely up and down; down and up). GLT
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