Tuesday, June 13, 2006 8:27:11 AM
Great post. There's nothing wrong wioth trading and you will always find people to pump and dump, but looking at the larger picture, Costonis is really not helping things here.
Typical short-sighted CEO greed... geez. If he had released the same amount of new shares over a few months instead of a few weeks he would have made SO much more money (doesn't even compare) and his stock would have been one of the hottest ones of the Summer. I'm confident we would be trading well above a penny right now... These people's sheer stupidity always amazes me ("what would you like, 200K in a few weeks or 2 mil in a couple months? I'LL TAKE THE 200k!!!!" Sheesh, LOL)
There's plenty of potential upside in July for RMDG (product releases) and August (profitability PRs?) but IF the idiot keeps diluting and releases the rest of the A/S into the float, then the pps will be going nowhere.
Strategic alliances are great and important in this business, but instead of these (mostly) fluff PRs, to restore investor confidence what Costonis needs to do right now is put one out that unequivocally states there will be no further dilution for X months. Then RMDG could inch up towards its potential and even get really BIG! We'll see.
Thanks again.
Beam me up $cotty...
Gig
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