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Re: lakedweller2 post# 2787

Thursday, 06/01/2006 10:33:44 AM

Thursday, June 01, 2006 10:33:44 AM

Post# of 8712
lakedweller2, don't waste too much energy eating crow. you made your decisions based on the info you had. and honestly, i also felt the KSWJ scam index was pushing upper limits. vis:

-- phone booth contact number
-- no office at list 387 Carl... address (my friend went there twice and couldn't find anyone at the site that even heard of KSW)
-- 3 CEO changes in six months
-- etc...

i held my 2m only because of the possible risk/reward ratio. ie: only $1200 bet, and possible huge upside if news (like today's) just happened to appear.

imo, the jury is still out on this one. ie: could still be a scam, and GA et alia feel they are safely hidden away in bolivia such that they can release a PR, milk some last money through dumping and disappear for good.

but i also have a hunch that this could be legit, just stewarded by inexperienced mgmt. if so, then ergom's involvement could right the ship and refit the sails for a real R&D phase.

time will tell. i'm holding all til it resolves.

glta!



99.99% of all pinks are scams. Best to assume the other 0.01% are as well.

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