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Re: takeachance2012 post# 75434

Tuesday, 07/29/2014 9:36:44 AM

Tuesday, July 29, 2014 9:36:44 AM

Post# of 92222
Griff and I had a discussion a while back about Chapter 11. Griff pointed out that Chapter 11 gave a company the right to reorganize with their creditors so they can continue business under the new terms.

I agreed with Griff. My point was that because they didn't file Chapter 11, it lead me to believe they had no intention on trying to continue, or salvage, the business. To me, that seemed to be more circumstantial evidence that they had no intention in growing a thriving business no matter what any previous PR or promoter stated. They got in, made a buck, and got out as if that was the intention all along. They had no fiduciary duty to investors. But, that's just how it looks through my eyes.

These are my opinions unless otherwise noted.

Proud member #2 of the "iHub 9". All CAPS will crush the whimpy girly man quotes!!!

http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=15992