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MHUI ripoff?
stockace, 45
New York, USA.
cbay, mhui? scams or not?
(You may need to turn off popup blocker to view any links below, because off-site links are set to open in new window)
Scambuster:
While
MHUI may not be a scam, it also may not be the best small cap stock to
invest in either. In May the company declared a 10,000 to 1 reverse
split.. A company does not declare a reverse split because they are
prospering. Statistically, few companies survive this. Further
evidence of this is the fact that only a couple months later the stock
price is already decreased to .004. The price of this stock has gone
from around $20 a share to less than half a penny in just a few months.
Adding to the risk is the extremely low volume of shares traded, making
it hard to sell a moderate amount of shares for a profit. As with
all pink sheet stocks, MHUI carries risk.
As for CBAY, we consider this one a scam. Read more about it HERE.
Some
links to information on this stock:
http://finance.yahoo.com/q?s=MHUI.PK
http://www.microholdings-us.com/SLMay252007.html
http://www.tmcnet.com/usubmit/2007/07/13/2782396.htm
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