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Re: All Common Sense post# 2298

Monday, 10/23/2006 10:43:36 AM

Monday, October 23, 2006 10:43:36 AM

Post# of 146240
Matty: I didn't remove your post, but I see why it was removed. Your post made a claim that is so blatantly false and was clearly intended to manipulate. You claim that the company did not say in the 15c2-11 that it has 2.5 million cash. You then go directly to the "Safe Harbor" statement and use the boiler plate "we don't have enough money to fulfill all our goals" and interpret that to mean they have no money. Again that is absolutely false. Your post contained no facts and will be used as further evidence against you.

The 15c2-11 clearly staes that they have 2.5 million in cash and that the company has a current cash burn rate of 2.7 million a year minus 300K shares at $1 a share.

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