Remote Dynamics Inc (RMTD)

[jersyeguy]

re RMTD the antidote for all the fantasy and delusion that are flooding the board...
https://www.sec.gov/Archives/edgar/data/944400/000114420409058708/v166049_10q.htm
note that NO PATENTS ARE LISTED IN THE ASSETS
note that shares outstanding have increased in less than a year from about six hundred million to over ten billion
note that the ten billion share count does NOT include the hundreds of billions of shares that the NINE MILLION dollars in death spiral convertible debentures represent
note that there are two huge issuances of obnoxious death spiral preferred shares
note the TEN MILLION DOLLAR DEFICIT NET WORTH
one particularly ingenious post waxed on and on with ten year old information about what a great company TELOGIS was becoming ten years ago...what that has to do with RMTD is beyond rational understanding the only mention of RMTD in that lugubrious post is a totally fictitious share count for RMTD that totally ignores RMTD'S filing that was submitted by management of RMTD under penalty of federal perjury
also as to the ludicrous post that the details of the sale of ALL THE BUSINESS ASSETS of RMTD by the creditors who had foreclosed on those assets to TELOGIS is this deep dark mystery ,read the above filing and you will see a verifiable list of all the assets of RMTD
those are the assets referenced in the letter to shareholders sent by management of RMTD when they disclosed that RMTD had lost ALL ASSETS to FORECLOSURE
what a surprise...with a cash flow negative business and hardly any cash how could RMTD pay back principle and interest on NINE MILLION dollars in debt..and debenture holders couldn't convert their debt into shares as the geniuses who were buying this worthless stock had run out of money and the stock was ZERO
worthless than worthless now worthless forever