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Saturday, May 20, 2006 12:59:16 AM
The stock had no bid, just an ask at the absolute minimum price of .0001.
The new management claims that they are not going to do a reverse split.
New management asserts that there is a $2MM Costa Rica project that could be worth $20MM upon completion. If true, a $20MM asset will push the book value of the company to .0007 per share.
I don't know what to think, it's certainly bizarre. And if spin-offs are coming, that's weird too.
I suppose one could say you can't lose money with this stock -- the price cannot fall below $.0001 !! LOL.
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