Sad thing is guys there are hundreds of small and micro cap...

Sad thing is guys there are hundreds of small and micro cap companies on the ASX that are "lifestyle" companies - run for the lifestyle benefits of Directors not necessarily shareholders. We continue to get sucked in to the "stories" only to find out they are "dreams" and nothing ever really materialized by way of value building. I think the Yanks call it a "circle jerk" - around they go raising enough money to survive on some occasions just another quarter - skin the investors for some cash - burn up the cash on "administration" announce nothing or something that becomes nothing and then the money runs out again and around in circles we go again.
I`m dizzy.....