Despite my own so-called 'research' at the time, this is definitely the first time I have ever purchased shares while the company in question was apparently "trading while insolvent"...
I'd even met a director in person at the time, had the opportunity to speak with employees and was comfortable with the publications released... Yes, it's my fault for purchasing this 'dog of a stock' but boy does it leave a sour taste in your mouth (and a hole in your pocket) when you believe the lies you are fed.
I hope those responsible are held accountable... and I'm off to work on my researching skills
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