RE:RE:StockWatch Just Updated Taat No New Roll Back!yes it would have been pretty awesome... but unfortunately that is not the case.
Yesterday when i tried to access TAAT in my trading account the symbol was not even recognized and my share count was the same as before.
However this afternoon my share number has dropped from 8000 to 2000 with the symbol now TAAT.
So this second rollback is real as much as i wish it wasn`t.--- Eventhough this still seems a bit strange because there has not been a seperate news release posted on Sedar making this announcement. I thought it was required that a seperate announcement of a rollback proposal was required and that followed by a second NR announcing the RB completion.
FWFW---originally i bought 32000 shares at 0.30 then the rollback in Apr.2019 reduced my shares to 8000 with and avg. cost of $1.20 ea.
Now the 2000 have an avg. of $4.80 ea.
To be honest if ths second rollback had not occurred i would sell at this 80 cent range and take the 3200$ loss but now if i sold it would be an $8000 loss.
So as far as i can see my only choice now is to hold and see what happens by q4 when supposedly they will be selling these cigs (at least in Nevada).
Again.. i know it is nobody`s fault but my own for ever putting any money into Molori Energy, but others can vouch that Joel did not treat us fairly when he went quiet for so long last summer.To just go quiet like he did and basically hide was such a cowardly form of behaviour imo.I mistakenly held on believing that something positive would be announced week after week and month after month. Then finally the first 4:1 rollback was announced Apr 2019 and was followed by numerous PP`s which ran the sharecount back up and allowed Joel to do another rollback.
So as far as i am concerned this ceo has already shown his true character wrt shareholders, so proceed cautiously...
But ONLY for the sake of shareholders i would want TAAT to succeed.
glta