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Re: OlinSain post# 23713

Friday, 03/13/2015 2:52:28 PM

Friday, March 13, 2015 2:52:28 PM

Post# of 235105
Olin, your "spread" is far less meaningful to me than the 14 year previous history of the company. Every shareholder has been wiped out not once, but 3 times. They have no revenue, lose millions annually on thousands in revenue and have no prospects. that means no customers, partners, or significant distribution opportunities. Without any of those charts and spreads are all baloney.

14 year old company approaching $40 million in cumulative losses, +$12 million in preferred debt (so this has to be paid out before shareholders would see a penny in an acquisition), +25 Billion shares issued and washed out, and the same 2 guys at the top. Hard to believe with that track record management can survive, but then it really is not a public company as they have 80% voting rights while holding less than 1/2% of the stock.

plenty of people before you have read the charts all the way to .0001, I am guessing that within 90 days we will be right back at the same place.

In the end the only thing that matters is how their business is doing and their business is in the toilet with their stock
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