Understand your comments IM, but if you have been researching and/or trading Pennies as long as I have, you will be aware that there are 3 profiles to Penny Stocks.
1) A Penny that continues to run on rocket fumes, continually seeking and sucking funds to make it survive even though it might have some product but never reaches profitability.
2) A Penny that is a pure lifestyler that keeps churning or signing deals but never manufactures product, or sells research or turns an exploration project into mining resources.
3) A Penny where expenditure is going towards product, research, or resources and is able to conserve funds it has until the right deal lands, and makes it profitable or brings in the right management team to take it over in a buyout or board succession to make it a capper. That can take a few years or over a decade.
Pennies are there for trading until they die or make something of themselves and become a capper. That's it!
Understand your comments IM, but if you have been researching...
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