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Re: None

Tuesday, 03/01/2016 4:32:12 PM

Tuesday, March 01, 2016 4:32:12 PM

Post# of 106841
.2086 = new ALL ALL TIME LOW, LOL !

FANTASTIC. Just made ANOTHER new ALL, ALL, ALL TIME LOW today. It just keeps on a falling?

0.2086 / 0.245 (7500 x 6000)


It hit, and traded as LOW as .2086 today and the Ask is now a lousy 24 CENTS.

That's the quote right off the OTC market site- day's LOW was .2086, DOWN, SOLID RED something like -24% again. Closed solid red on a day that the overall markets were literally on fire w/ the DOW up like 350 plus points and the Nasdaq up like 133 points, LOL !! But this turd makes another new all, all, all time low?

Prior all, all, all time LOW was 21 CENTS (aka .00021 split corrected for the recent, massive 1000 to 1 R/S reverse split they completed in Nov of 2015)

https://www.accesswire.com/viewarticle.aspx?id=433259

So today, the common shares are once again breaking down with LOWER LOWS and LOWER HIGHS- setting a new ALL, ALL, ALL TIME LOW at .2086 or 20.86 CENTS (aka .0002086 split corrected).

The massive, un-ending dilution appears to just keeps taking its terrible toll. I don't see any end or reversal in sight? The stock is in like a 1 yr, maybe even 2 yr plus, now un-broken downtrend for all intents and purposes.

The common shares have lost approx 95% or more of their value just since the start of 2015 to now- and have lost something like 99.98% of their value since mid 2010.

What's possibly going to change that reality now? I sure don't see anything? And it's not just the share price getting crushed- the market cap has been in total free-fall, mass collapse, despite the incredible volume of never ending dilution shares being poured-on to prop it up from being even lower than it already is.

With a 20 cent lousy Bid, the market cap on this POS is now approx:

2 million shares O/S (approx O/S share count per the most recent SEC S-1/a filing) X .20 = $400K lousy bucks.


About the price of a fixer, 2 bedroom condo in a semi-safe area in my neck of the woods. So the entire market cap for a public traded firm is $400K????? How does that make any sense, especially given their massive debts as shown in any of their last SEC 10-Q or 10-K filings (just accounts payable, a company's most immediate bills owed, was something like $2 MILLION dollars in their last filed 10-Q quarterly report, which would be approx 4X their entire present market cap, LOL? How does that make any freaking sense- they've got to be nearly insolvent it would seem to me. Their SEC filings all contain "going concern" warnings from their auditors and own Sr Mgt)

Per the last SEC filed 10-K, just the CEO's "base salary" alone is something like $766K annually, LOL !! (see the "executive compensation table in the most recently filed SEC 10-K). BUT, the entire market cap of the company is now $500K or less, LOL????????? HOW, HOW does that make any sense?

I sure can't figure it out. This thing's a total train wreck financially as far as I can see? The shares just keep going lower under the crushing force of never ending dilution- while none of their supposed "grand plans" seem to ever amount to JACK. 5 plus yrs of this broken record- producing 99%+ losses to the common shareholders. Yet the same two people are the entire Sr Mgt team and the same BOD is still running the show?

MAKES NO SENSE TO ME, NONE?

Posts contain only my amateur opinions, personal views and thoughts. I discuss stocks as a hobby only. Always do one's own due diligence before investing.