Great post, TopDog!
Agreed.
And I would add that the
Great post, TopDog!
Agreed.
And I would add that the 'lack of money' is itself caused by the exclusion by the cronies of this ticker from accessing the capital markets. Capitalism itself is under attack and cannot function when there are a small group of crony privileged elites who get to decide which start-up OTC companies are allowed to continue to try to get a product to market and which are to be attacked using fraudulent technical algo-bot naked short selling attacks and manipulated bear raids along with orchestrated FBI stings with trumped up bogus 'conspiracy-to-commit...' charges on over zealous entrepreneurs from foreign countries.
I say, let the market decide. Let all things trade and let investors decide the worth of companies on the 'free' and 'open' markets.
Centralized 'SRO's' like the FBI and DTCC attempt to force what they deem as actions which 'protect' us all the while interfering with free market capitalism. The true problem is failure to delivers and the DTCC custody CNS system along with MMs at brokerages abusing the short selling 'borrow program' (yet as of now no longer even exists!). How many start-ups I wonder have been crushed before they ever had a change to access capital markets for their product idea and see if they could eventually get to profitability? The saga continues. There are still patents which exist here and a corporate shell so anything is possible but indeed capital is required to move forward with any business activity and that cannot even happen if the company is disallowed by a few elites in being able to raise funds via diluting in the markets. Continue to watch this unfold we will. The O/S was 533M I believe during the fateful 'unusual trading activity' days back in 2011 and over half the float of over 180M shares were naked shorted on that day, still with no FINRA daily short sell figures reported for the day of the 'lock' (which is illegal). WhitJr reported that somewhere in the vicinity of about 60M shares have 'traded' since the 'global lock' so likely there are still at least another ~120M shares worth of short positions which need to be covered by the likes of E-Tard, TDAmeriScam et al. Only speculation but I imagine if there is anyone left after 8 years of holding locked shares those individual shareholders are likely not even going to entertain any idea of selling real shares to the cronies for any price under the old high of $0.086, even if only on principle.
Time will tell.
Do or do not, there is no try.
GLTA
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