Unfortunately, the market is telling me what we are probably all thinking. That is, with that amateur PR, which at best said it was "researching a business plan," and, at worst, was plagiarism, that this creates massive doubt about the management or the existence of a real business plan.
Fortunately, I bought my shares from .004-.006 but I'm still holding the proverbial bag now on this one as I lost an opportunity to make a very good profit. I hope I'm wrong but I believe that they now need to get on the horn and do something concrete.
How about cancelling any shares issues to any promoters and PR writers, given the major boner pull? <ouch>
How about retiring some of those restricted shares?
Even better, how about insiders buying up some of the float to compensate for this massive blunder?
Of course, a certified audited report by an expert, indicating actual holdings and prospects would be the best news. Given the PR, the bad news is that everyone is going to look very carefully and not let the typical pinky fluffy PR pass muster, particularly if it says something like, "We are excited to anticipate the finding of billions of dollars worth of ore in one of our prospective letter of intent prospects."
That's all tongue in cheek but we do ourselves a disservice by thinking we can blame anyone other than management for the share price today. They don't get a free pass by our saying that MM's are walking it down. I've posted critical of MM manipulation in this market, but to be fair, this one is pretty obviously due to the PR. |
