RE:Could APC pumpers GFTO here? I am here at about 3 times the price in the past 12 months and I think that I own several percentage points in the company.
This company I will hold forever ... I have had a couple that have went to zilch but compensated that others that have done extremely well.
My only issue here is with the sweet deal that Rick has received and that he will roll into the next PP or simply it could be just Rick ...
If there is another PP then it is unnecessaary and all existing and loyal shareholders should have the opportunity to purchase shares before any remaining issues are sold to the general public. There could be a rollback and then the opportunity for all existing shareholders to purchase the new shares which could come with or without a warrant.
Management in companies tend to forget their retail investors are the basis of success ... I am a shareholder in MJ company TGOD that had over 4,000 retail investors prior to going public and it has done well ever since the shares were open to the public in multiple rounds starting at 50 cents. I will emphatically state that there are thousands of TGOD millionaires on paper (ok with up to a 12 month hold) but everything my broker says that this is how successful companies all operate.
I hope management gets this ... there are so many occasions where the big boys line up and hog most of the issue that the retailer investor is missed and the supposedly hot issues go nowhere.
Please do your own research and all the best!
PS - My other 2 cent paper is NRN and actually these comments would be equally applicable to this Board. I love this company as well ):