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Re: halbroke1 post# 377

Wednesday, 06/04/2008 11:04:41 AM

Wednesday, June 04, 2008 11:04:41 AM

Post# of 50379
Sorry, but I am still skeptical. Until there is some indication of how the company is going to resolve the debt issue, I think we may well have a death spiral here. I'm not suggesting some of you won't make money trading this volume spike, but until the company clarifies the debt issue or releases positive news about business growth, why would there be any support for much higher prices? When I started this board the company seemed to have some potential as evidenced by the spike to .30 back in January, when the OS was a little over 7 million. Now with the June debt payment in stock, I am guessing the OS is fast approaching the 750 million AS. I think you all know what comes next, since they will need more stock to pay July's installment. Hopefully, all you optimists and the company will prove me completely wrong.


I am only expressing my personal opinions or repeating public information from SEC filings or media outlets-which may or may not be correct. Do your own investigating before investing!

I am only expressing my personal opinions or repeating public information from SEC filings or media outlets-which may or may not be correct. Do your own investigating before investing!