Montec.... admittedly, I'm a relative newcomer to the world of trading so I'll defer to your experience. I am left, however, wondering why you would invest with penny stocks if that is your take on the management of such companies. Me? I'm still naive enough to believe that the management have a vested interest in seeing the company prosper. Sure, they have been found wanting (in so many ways) but they have the opportunity to realise far more than their $200k+ salary if they get it right. I believe they are way out of their depth. Hence the call for some resident expertise.
cheapcharlie..... you are correct in your assumption about my attempt to inject some humour, glad I gave you a chuckle.
VIL Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held