Take heart shareholders, there is one stock which is even worse than FLIP....that stock is "Metro One"...yes, the same one bought by FLIP last spring!
Lets see if I calculated correctly....
If, on October 3, 2004, someone owned 7,500,000,000 Metro One (or whatever name it went by) shares.....today they would own ONE share worth (less...!) only $0.005, less commissions....
In only four years, you say....hummmm
Strange bedfellows that SG associated with, perhaps explaining the what/why of current FLIP values....I guess it might all boil down to lousy management, IMO....