Hey Tom,
No I don't own any ADOT shares. When I wrote, "I myself have suffered huge losses in the stock I own" I was referring to a different ticker. I am heavily into Pacel (PLRP) and its chart the past three months has been absolutely horrendous. I bought some shares at .50 thinking it was heading for $1 soon. The stock has continued to fall even though every press release has been positive. Currently the bid/ask is .05 x .057. I still expect Pacel to break a buck someday, so I am holding. But lately when I see someone post a big loss they had, I think (comfortingly), Well, I'm not the only one...
If your friend knows the numbers(shares) could he please share them with us, many people who follow this stock fully expect the outstanding to be over 20,000,000 shares by now.
This is just hitting me--you guys don't know how many shares ADOT has out there! I'll give my friend a call and ask for specifics. I didn't know the lack of info ADOT was letting out was quite that bad.
Chris, ADOT has failed miserably at many levels(business, marketing,production and investor relations) this I can put up with, it happens to many companies. What I will not tolerate is the disdain and hatred which ADOT extends to their shareholders.
This is the kind of thing I'm learning here. A part of me can't even believe I'm following this thread given this horrific description of events. The thought of holding ADOT long-term seems so unappealing, like visiting the hotel of dark-rooms-and-no-windows. Investors want feedback and updates--it's just human nature.
Anyway, after this post, I'll put a call into my friend and see what I can do to get some info.
Chris |
