RE:Scarlet Spider
lockdown since the consolidation and all the stupidity surrounding this stock I am 70 percent down. Preconsolidation I had clearly stated the stock was worth no less than .20 to .25 a price I said I would not sell below and I did not. When this was kicked below .10 around .075 and hit .115 trust me I wanted to sell my handful then and break even I didn't. After that I was not thrilled this got kicked down to .05 where it had no business consolidated and couldn't hold post $1.00 we are seeing 3 cents 2.5 cents all bs. People biatched about Wow not having products in stock when in fact being out is a fantastic sign it meant they are selling extremely well and have not been able to keep up with production. The company also has a suntan lotion out next year which if the sales movement about products says anything it should do well. Oh by the way I read the customer reviews on Wow products with on average no less than 3.5 out of 5 but more towards 4...people are actually quite happy with the products that are offered. While I am not thrilled about as I said all the stupidity around the stock I mentioned the benefits as painful as the part of the process is and it is when the company will do a raise I suspect as they had for Wow in time they will likely do for Bloom they will raise above .11 so less dilution higher values more to work with. The equity should in theory move up. Right now it is at least not moving down even if it is a super far cry from where I want to see it at the very least which is now $2.28 per share my cost average price. I don't like what I see and have to go through at this time but I an looking at the overall tradeoff and see in the end moving at some point next year this will do in my eyes considerably better. For this year the least of what I expect is $1.00 to $2.00 and a very strong hold to it not being up or down on a handful of shares. We will likely get .8 cumulative shares for every 1 we have now in Wow which will be valued at a nickel in this compensation in kind for the 20 to 1 hit. I am not clear if current shareholders of Spor will be given these shares at this rate and the ipo will be higher or if it will be .05 a share? I will keep my shares for as long as I don't have near term debts to settle which are coming more under control. I love what I see I Wow and will be open to buying shares there if I can but I would not if I did not read as positive reviews as I have. I will have to recheck where I read them and when I do I will post them so I think your comment may well be unwarranted because the brand looks quite well received actually. There is no way the stock should have done this poorly. The problem was in scaling up. In any case I will go look for the reviews so I back what I have said I know I couldn't be dreaming.