my current shares are not certed.
My "beating a dead horse" issues with the company reduced my expectations as far as the ultimate end game, but since I watch this thing closely enough, I'll trade it. i think part of the "why I am long" part of your question is that the company's assertions and forecasts, if true, would place this stock in a much higher trading range. If they are false, they have stepped in enough mud, as far as their claims and announcements, to make for a great shareholder lawsuit.
To answer your other question, my concerns with management started when the price dropped under .03 during the share buyback.. the basic question was, "why would people sell into the market at .022 (and subsequently lower) when they can sell to the company at .03?" when it got to .01 I really started looking very closely at their announcements, and talking to the company and their IR guy. Once I started asking what I considered tough questions, the company stopped returning my calls.That totally pissed me off. the IR guy still returned my calls but it always wound up in some mindless diatribe about Naked short sellers, AKA "bad guys" which I found to be quite childish. I until very very recently was in the investment industry. I ask some really tough questions that most microcap ceo's and cfo's do not normally get asked. I, from 20+ years in this business see red flags when most people either cannot, or will not see.
Why I cut my own throat? I would rather have the truth and make less or lose, than be lied to and hope I make a killing, and get killed in the process. I do think this is a real company. I just have a bit more grounded expectations.
