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Re: None

Tuesday, 11/14/2006 11:15:15 AM

Tuesday, November 14, 2006 11:15:15 AM

Post# of 41474
makesumgravy

I put sub .10 otc companies into three categories.

One companies like wgle. Have never had a legitimate revenue stream for the past 3 years. Are under death spiral financing. Have no cash or net to speak of. These are dreamer stocks and I defy anyone to find one that "made it". Even after a r/s status of these does not change ever.

Companies like gzfx. Legitimate revenue stream. Under death spiral financing. Revenue is overwhelmed by required money to grow with death spiral financing. I guess their may be a tiny tiny percentage of these that survived after one or more r/s. But people are wiped out by the r/s's.

Companies like clsi. Now clsi is as far as I know, is one of kind. Only company I know in the category of no death spiral financing, real revenue stream, real net worth. Actually even making a profit. Now this company has seen it's stock drop 50% in the last couple years because it has no or tiny tiny growth. So why even invest here and they are light years ahead these other stocks. If anyone knows of others I would love to look at them.

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