Sixth Wave Innovations Inc SIXWF

RE:RE:RE:RE:RE: Termination of Proposed Transaction with AES

[throwaway11]

ISCFA I have family who is still well in this stock, albiet at a much lower average than I was - still down stupidly regardless as we reach a 0.025 stasis. ~30% of the float has traded hands since the stock went beneath 10 cents which is more or less cementing the stock, especially now with a $2 million 0.05 private placement when the market cap is below $5m.

Thinking it's time to pull them out. It is blaringly obvious to me now, and I should have listened to my instincts well over a year ago (Documented very well in my previous posts here): Management using the company's as a honeypot and and spending heavily on stock promotion is just bad news.

We can attribute circumstance to a point - certainly things like Barry-hollinger dissolving, Rio2's problems, Green Envy's troubles etc are nothing Sixth Wave has control over. But, it's not for ignoring that JG & Co were, and still are NOT acting like someone who really cares about whether the product succeeds or how their decisions have impacted shareholders.

GLTA, especially BamBam since his entry of 0.025-0.03 has at least some degree of promise.