InvestorsHub Logo
Followers 0
Posts 154
Boards Moderated 0
Alias Born 03/17/2010

Re: healey post# 1248

Friday, 08/24/2012 5:28:14 PM

Friday, August 24, 2012 5:28:14 PM

Post# of 32544
"..PSID is a scam or something.
PSID has actual lines of business. M-Band, DragonFly, iGlucose, Easy Check, Glucochip."


Yes - Those products you have listed
--> Have they made any revenue?

As far as I know, they made "ZERO" revenue
--> not even $1000 dollars, for long time now I am waiting to see that day!
Maybe I am wrong, show me. I want to be wrong.

Also, do you know :

1. They have $86 million debt in books -- racked up (SEC Filings)
2. Both Mr.Cargol & Mr.Silverman(while active) - took home around $60k/month including bonus. (SEC Filings)
3. The above products of company have made "Zero" revenue quarter over quarter for long time now. (SEC Filings)

now, ask your same question "is PSID a scam or something?"
I don't know.

Now put that "Fire Sale" by Mr.Silverman somewhere in this picture -- you wonder why?
But do you see something obvious? no?



Disclaimer:- anything expressed above are just my humble opinions only.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.