mPhase Technologies Inc (XDSL)

[drkazmd65]

I'll continue to montior what goes on with XDSL for some time to come - just to see if (and I do not regard this as likely) the company can actually generate revenue some way other than by selling shares into the market.

Still love the technology,.... in the right hands it could have been made into soemthing interesting (and possibly profitable),.... but the current management has effectively indicated that their hands are oh-so-NOT the right hands.

I have come to the conclusion that if/when the share-selling merry-go-round stops here - the company is headed for Bankruptcy.

A bankruptcy that will result in common shareholders becoming the typical penny-stock bagholders as the shares get cancelled, and the only thing of value (the patents) gets sold off to pay the creditors,....

Invest here at your own risk,.... plan your exit points intellegnetly if you do get in here,.... and don't bet money you can't afford to lose. I exited with very low losses because I had averaged down, and exited without much hesitation once it became absolutly apparent that there was no intent on the part of management to move this company forward.

Later all!