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Alias Born | 08/23/2013 |
Monday, November 24, 2014 5:13:06 PM
But what they have done thus far is absolutely nothing to benefit us. They raised the AS to 3b w/o notifying us or taking a vote. They subsequently got caught and realized they broke a major rule and ultimately got shareholder approval after the fact and luckily before the SEC suspended them. But the fact that it happened was yet another major red flag.
The toxic loans are indicative of the usual OTC crap. The ewaste recycling business is low margin and low volume. Over commoditized and not valuable.
On the flip side they have been in business since the 90's and didn't reverse merge their way into being public. They have a great potential brand if they can monetize it.
But as you can see, PR's have done nothing for volume. Ever. And it's probable that any buying pressure will be met w an equal and opposite reaction. That has been the case since they came on the scene... When the pps was .08
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