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Re: cdhames post# 17336

Monday, 11/17/2014 6:06:28 PM

Monday, November 17, 2014 6:06:28 PM

Post# of 63806
Thanks for your analysis, CDHames. Aside from the net profits and state licenses, the only recent news has been Broadridge and they offer nothing of value to the common shareholders. My guess along with yours is that they will be pivotal in the conversion of debt that will result in some form of dilution. The question then becomes if the profits are retained for further expansion and/or to buyback shares for those who have financed this operation. At the end of the day this is dependent on what management wants to do, and a lack of communication does not sound friendly to shareholders. Just look at SCRC who PRs frequently and CLEARLY has a team of pumpers for the stock. They tried to convince people that PIPE financing at $0.05 a share was OK because it was in "friendly hands" despite the fact that the existing share price was double if not more than that at the time.

My advice to everyone is to take a good hard look at the company and do some form of due diligence, even if it is as simple as questioning just how well thought out someone's argument is for or against the stock. The OTC is the wild west of stocks.