eLayaway, Inc. (fka ELAY)

[sumotrader]

In the 3 years I have followed ELAY never have they paid wages, rent or anything else in cash, it has always been shares for services rendered.

While I first traded this turd, CEO Pinon (well maybe Bruce Harmon was to blame) took the share count from 160 million to over 4.5 billion in a few months and then dropped a 1 for 200 R/S on his loyal shareholders stuck holding at no bid/.0001.

Interesting how a one man show (Pinon) can burn through $1-2 million per quarter, every quarter without generating revenue???

This has got to be the longest running share selling scam in the history of penny stocks.

There simply is no business, just a repetitive cycle of massive dilution and R/S's.

Have fun with this one folks!

ELAY