One of the hardest things to do (when one of your
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Posted On: 05/27/2018 1:56:03 PM
One of the hardest things to do (when one of your holdings is overdue and underwater) is to double down to create a lower overall purchase price average, especially with otc stocks sitting near a 32 week low and every wannabe internet prophet is telling you to leave because
1.these people are liars... coming from a used car salesman with SEC violations and a useless business sense.
2.nothing going on but consultants fees,... from someone who has no clue about venue changes of public companies....and the three main people keeping the company lights on are living on the wages of a MacDonalds fry cook when they all could be making 100k a year somewhere else..
So the double down checklist
1. is management spending gobs of cash on themselves and holding shareholders meetings in Brazil at carnival time??? nope
2. is there toxic funding going on which will dilute the company beyond repair even though management gets up to 4 calls per month offering toxic funding they have refused every time??? nope
3.is there a glimmer of hope that this company will persevere and actually market this technology to one or more well known multinationals both abroad and in the US....
answer wait and see..
4 did I double down so that my average is now .008 and I have doubled my position..... yes I did
Looking at this company with a fresh light and you will not see anything, no cheer-leading, no fluffy pr's, just a CEO with a background in public company filings (securities exchange inspector), a director that is at the head of his class in innovation,(and previous tv host on computer sciences) and a consultant fundraiser known for pulling together large deals sometimes in the hundreds of millions range or higher... and has more names of millionaires on his Rolodex than I have weeds in my front lawn.
current position 14.4 milly @.008 average... but that was me, you decide.
1.these people are liars... coming from a used car salesman with SEC violations and a useless business sense.
2.nothing going on but consultants fees,... from someone who has no clue about venue changes of public companies....and the three main people keeping the company lights on are living on the wages of a MacDonalds fry cook when they all could be making 100k a year somewhere else..
So the double down checklist
1. is management spending gobs of cash on themselves and holding shareholders meetings in Brazil at carnival time??? nope
2. is there toxic funding going on which will dilute the company beyond repair even though management gets up to 4 calls per month offering toxic funding they have refused every time??? nope
3.is there a glimmer of hope that this company will persevere and actually market this technology to one or more well known multinationals both abroad and in the US....
answer wait and see..
4 did I double down so that my average is now .008 and I have doubled my position..... yes I did
Looking at this company with a fresh light and you will not see anything, no cheer-leading, no fluffy pr's, just a CEO with a background in public company filings (securities exchange inspector), a director that is at the head of his class in innovation,(and previous tv host on computer sciences) and a consultant fundraiser known for pulling together large deals sometimes in the hundreds of millions range or higher... and has more names of millionaires on his Rolodex than I have weeds in my front lawn.
current position 14.4 milly @.008 average... but that was me, you decide.
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