Pup,
I don't think most of us are crying.
It is just frustrating being lied to over and over.
I totally agree with you regarding the risk involved in OTC BB stocks. One should not invest $ they are not prepared to lose.
Risk vs Reward is the reason why most of us are here.
However, we don't need management increasing that risk by releasing false promises every other news release.
As to my investment in Liteglow, it started out as a daytrade opportunity, but I have a feeling it will end up as a nightmare.
My investment probably doesn't even surpass a 1000$ US.
I haven't sold and I probably won't be selling in the near future.
(kind of ironic because I am also down about 70% - bought at 0.095)
The only reason Liteglow Industries continues to mislead investors by releasing false statements is that no one has taken the initiative of taking a stand. The latter is the only reason why companies like LTGL keep deceiving investors. If every investor knew their rights, this probably wouldn't happen. It might look like peanuts right now, (let's say every investor has around 1000$ US), but who knows, maybe our efforts can inform the public thus preventing a bigger scam.
In other words, I just want an HONEST answer (something I doubt we'll be getting).
As to the increase, I understand what you mean. However, the result is the same (it's like doing 2 - 1 reverse split). Although, for some reason, investors seem to prefer the increase thus creating a smaller sell-off.
Anyways, I wish you the best of luck.
Happy Trading
AK |
