Oncologix Tech Inc (OCLG)

[kbloo]

Two questions from a complete novice.

1. What are the potentials for a stock like this assuming they beat the debt and become a consistently profitable business with 35M in revenues, meaning dollar value potentials, upgrading..etc

2. Do a lot of penny stocks look this good with such a low value? This is my first investment experience and I have about 200k shares which is a couple months of savings for me, I have just followed the market for a while and this one seemed to stand out as having real potential. So basically is this the routine for a company to present with such potential only to dilute or fold?

3. Why do they keep acquiring new companies before eliminating old debts?