Should I try to file a complaint with the SEC. I tried emailing there PR guy with no response and tried calling but it always goto voicemail and nobody returned my calls. How can I find out who this group is thats taking control. LOOK there was more news about this takeover.
http://biz.yahoo.com/iw/080711/0415107.html"The intention is to utilize the proceeds from the sale of these "Molygold" interests to effect a share buyback of the Company's "free float" of Common Stock.
These Investment Groups whom have voting control over the Company have informed the Board, as announced on July 10, 2008, that they are also considering a limited Tender Offer to stockholders in order to acquire additional shares of the Company's Common Stock in an attempt to reduce the amount of shares in the Company's "free float.""
>>>again without the 8k / 10k and no real numbers from the company there is now way of knowing whats really going on. ( I know what a float is but whats a "free float" )
as far as filing a complaint you can file one but I would not expect much. But really your down so much now just hold and see what happens. at worst it's a lesson on stopping loses and proper DD