Michael Goode

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34 Comments

    • Fri Sep 14th 20:13 PM | Rating: 0 0
      Commented on:
      Stay Away From Octillion
      First, my point still stands--has Octillion done something in the last few months to make it 10x more valuable?

      Second, the press release does not mention that it was placed at market value.

      Third, a look at the price chart on pinksheets.com shows the company's stock never got down to $0.50 per share.
      pinksheets.com/pink/qu...

      Fourth, the 'units' from the private placement included 3 options for each share. Even if the stock was at $0.50, the options make the units more valuable, meaning that the private investors received more value than the market price.

      If I am so wrong about Octillion, and I am not thorough, why not believe David Phillips, who is a professional analyst? He hates Octillion as much as me.
      10qdetective.blogspot....
      View article »
    • Mon Sep 10th 11:52 AM | Rating: 0 0
      Commented on:
      Stay Away From Octillion
      I have nothing against technology incubators or other such risky investments. But if I were to invest, I would invest with someone who has a good track record. Have investors in other Rayat companies made money? Plus, any private money that invests in companies like this invariably gets cozy terms, such as shares below market value.

      Also, I don't know how my 'investigation' is self-serving. All I gain from disparaging Octillion Corp. is a few hits on my blog (on which I have no advertising). I am neither long nor short Octillion, so I do not gain if the stock tanks or zooms skyward.
      View article »
    • Fri Sep 7th 15:35 PM | Rating: 0 0
      Commented on:
      Stay Away From Octillion
      Thanks for the kind words. Note that I have done little due diligence on WWAT. I just did not see in it the kind of promise that would instantly recommend it as a good investment and recommend its investors as savvy people.
      View article »
    • Fri Sep 7th 15:35 PM | Rating: 0 0
      Commented on:
      Stay Away From Octillion
      Thanks for the kind words. Note that I have done little due diligence on WWAT. I just did not see in it the kind of promise that would instantly recommend it as a good investment and recommend its investors as savvy people.
      View article »
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