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Re: 236T568 post# 98015

Wednesday, 10/28/2015 9:10:16 PM

Wednesday, October 28, 2015 9:10:16 PM

Post# of 224074
SKBI - I am short, but two things surprised me:

1) auditor has not resigned (chiscam auditors especially usually resign after uncovered fraud)

2) company bothered to issue a press release for an issued patent if they plan on throwing in the towel

Even if they decide to request a hearing, with surfaced bank fraud and exploding accounts receivable as noted in the last NT-10Q, I don't think there's much to be bullish on or warrant a higher pps.

I think there is the possibility they drag this out to allow for activist bag-holder John Gregory to exit.


"Sometimes you eat the bar, and sometimes, well, he eats you."

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