stupid poorfag needs help

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stupid poorfag needs help Anonymous 10/19/17 (Thu) 20:13:54 8f4475 No.2167

A few years ago, I bought a little over 9,500 shares in this company: http://imaging3.com/News/PressReleases

Formerly listed as IMGG, now IGNG.

I didn't buy because I knew what I was doing (clearly I still do not) but because I thought their product was pretty cool and that there could be more than just the medical application for it.

embed related

The stock tanked, got delisted, and I wrote it off as a $1200 loss… until I got an email a week ago asking me to vote to approve:

>a reverse stock split at a ratio of less than 1-8 and not greater than 1-30 with the exact ratio to be established at the discretion of the board of directors

>reincorporation from California to Delaware

The reverse split isn't good, but I already thought I had nothing so I guess it's better than that.

What would you do?

Anonymous 10/19/17 (Thu) 20:47:14 8f4475 No.2168

Also… what should I expect to happen?

Anonymous 10/20/17 (Fri) 10:33:33 684b4a No.2171

>>2168

It just comes to a split path decision. If you've already written it off, the decline and don't return until you've gained the understanding and knowledge of what you plan to do in the market. But, if you're second guessing your already poor decision, then why not go for it? If you're down that much already, how much worse could it get?

Anonymous 10/20/17 (Fri) 10:35:09 684b4a No.2172

>>2168

Also plan for a ride. We just hit 23,000

Anonymous 10/20/17 (Fri) 14:07:38 8f4475 No.2173

File: 11dbcbc36bdac1e⋯.jpeg (89.19 KB, 500x502, 250:251, 1389182060682.jpeg)

I voted to reject the reverse split… because fuck these guys.

They've been nothing but bullshit for years. As in:

>O hai guise, we're sooooo close to FDA approval!

>stock rises

>no approval

>stock drops

>repeat x3

>Chapter 11

From what little I already knew and what new stuff I've been reading, reverse splits seem like just another dubious gimmick to dupe new investors into thinking the company is healthier than it is.

>close Chaper 11

>devise new plan to inflate stock price and attract investors

Nah. Fuck these guys.

Fuck California too though… so I did vote to let them reincorporate in Delaware.

Now I'm just wondering if part of the problem was that a company with only a few million liquid just didn't have enough to buy FDA approval.

That's how it really works, isn't it?

inb4 Priceline

Anonymous 01/15/18 (Mon) 14:55:38 4f8118 No.2597

Easy 20% returns per day, just join the /biz/ pump group:

So don't miss that info !!!

KuCoin market, so feel free to register there, while registration is still possible :)

Thx :)**

Post last edited at 01/15/18 (Mon) 15:17:51

Anonymous 01/28/18 (Sun) 21:45:16 c5432c No.2725

https://share.robinhood.com/brendal1234

Post last edited at 01/28/18 (Sun) 22:22:42