Quinlash!
You probably know that I was interested in Hexo which I hardly knew at an analytical starting price of .85c which is obviously my average cost.
Yes, I could be in the very long term with Hexo until I believe everything that is said about it as in the return in the $ 10 but today I learn a lesson from all this.
I used to get burned about this with another company called Prometic Life Science, now called Liminal Life Sciences whose average cost was .32c. I believed very strongly in this company and that, attending all the shareholders' meetings in Mtl.
I owned up to 400,000 shares of this title with 60% in a Celi. The title went up to $ 3.62. I learned over time to move away from the fundamentals of a title and to never fall in love again with any other title that caused my loss in a collapse of Promtic's title at, 05c. Yes I sold 50% in its downhill to $ 1.12 but the rest at some .07c.
Conclusion Prometic: We were defrauded by the administrative staff. Our lender Thomvest (Toronto) and others were very interested in us and all of our beautiful and very interesting pipeline. Result: when there was a delay from the FDA for the acceptance of Plasminogen (our first little baby on the market) .Thomvest and others told us: We don't lend you anymore and we were short of $$$$ and failing to pay with them. Then they took over the company alone and changed the name from Prometic to Liminal Life Sciences.
We were tricked by these fraudsters and administrators, these bandits who exist here and there in companies.
Result: An appeal from the point of view of oppression and not collective (500 shareholders including me of course) is in preparation and it will end before a judge. If Thomvest and others are found guilty of fraud on this subject imagine the bad publicity that will receive for the 'one is Thomvest suspected in addition, by many, of laundering his $$$ in the Caymens Islands.
So, now I shop around and do a little bit of 1-2-3 positive phases with an action and move on to something else now.
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