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Re: TraderJ58 post# 3034

Wednesday, 01/14/2015 4:55:43 PM

Wednesday, January 14, 2015 4:55:43 PM

Post# of 7451
It’s very misleading for someone to say Mike kept this company alive, that’s Mike’s talking points. The company raised about $25M back in 04 and 05, and they said much of that money was raised @ $1.35 which was a lie.They made two $10M acquisitions , one for cash, one for stock. All they had to do was make a profit, now who can’t take $25M and make a profit? Put the money in the bank and draw interest. Mike and Tom both assured shareholders there would be a nice profit in 05, instead they lost $19M over the next 3 years. You can’t make a bigger mess than these two made. So give Mike credit for keeping a $5 stock alive and well @ 10 cents.
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