10 cent shares and20 cent options.
Did your "broker" not mention that a lot of those 10-cent shares are still being held by us longs? I've still got the shares I bought between 10 and 15-cents back last summer, and added more on the way up on that first run. Why sell? We are very unlikely to see those levels again and I am quite content to sit and watch my account grow for a few years before I decide to unload a few for my son's education.
Those options and warrants that your "broker" is so worried about add cash to the company's coffers - did he tell you that too?
LM.v just did a PP not too long ago for $2.2 million and prior to that announced a deal with the Columbian Educational Institution for an initial purchase of 7,800 licenses for the basic, intermediate and advanced levels of Q English courses and the Winnie and Freddie Q Kids products.