Newlead Holdings Ltd. (fka NEWLF)

[Top Penny]

Place_your_bets, we need to see the 20-F in order to judge whether or not this turkey is toast. If the company signed on a ton of toxic debt since their last 20-F this is pretty much over with as there will just be massive dilution followed by a reverse split, after the split the dilution will just continue wiping out any shareholder value. If however the company has slowed with toxic debt, then there is hope. If the company were to come out and say they are paying off some notes or retiring some of the convertibles then that would be even better. A positive update from the company would send this. It's all in the hands of Mr. Zolotas, let's see if he can find his moral compass.