Cartel Blue Inc (CRTL): Bottom line is that no matter how much p...

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Re: FoodStamps4stocks post# 18425

Friday, 12/28/2007 2:36:17 PM

Friday, December 28, 2007 2:36:17 PM

Bottom line is that no matter how much people say how great the company is and how wonderful things will be, the pps continues to drop.

I've been in this type of situation before, with IPRE and FGFC, both of which were diluted into oblivion. If NITE does not move on soon, we'll take our losses and move on if it looks as though .0020 will fall and go lick our wounds in the corner.

But simply saying a stock is a bargain at this low pps, or that its going to explode upward very soon, certainly don't make it so. People need to keep their eye's open and simply play the stock, trying to protect their capital as best they can.

However, if this is being caused by the company, then they are doing more damage than good IMO. Using shares to finance operations is simply not smart business IMO. Its better to assume some sort of long term debt, to keep the PPS higher and possible attract some institutional investing. But this will NEVER happen with the PPS below $1.00, more or less .01.

Bottom line, it simply doesn't pay to trust ANY of these companies, brokerages, or MM's, as well as anything you read on a message board...lol

Let's hope NITE is done by the end of this year and they let this recover quickly. If they stop and time it with a PR that contains actual substance, numbers and not fluff, then its very likely we could easily head back above .01 within a very short period of time.

Good Luck!!!

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