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Re: realest post# 13095

Friday, 01/12/2007 12:12:51 AM

Friday, January 12, 2007 12:12:51 AM

Post# of 49486
I have to agree. I have come to the conclusion that the company is d.....d......dil......crow time diluting and selling shares on the market. To be honest I wish they would have done that instead of giving 60 million shares in divi's December 15. That was a real dumb move. Company got nothing and the stock got diluted. That combined with the company diluting in November and December is why this price has slowly dropped and dropped and dropped! We are now enduring the same thing as this is 2007! New year and can dilute again. It hit me when I listened to the radio interview liable had provided earlier today. Ed stated the 504 allowed the company to sell $1 mil a YEAR in unrestricted stock. BAM! (this is not a direct quote and it was the per YEAR that hit me) I called the SEC to find out if in fact that 504 filing is still active but my gut and the trading and the daily drop in price tells me it is. I hope to hear back from the SEC on Friday.

I will be posting in the next post a very good piece of work that I read on a different site. It was done by reapingprofit and if he posted here in the respectful manor he did in this post he wouldn't be in jail! I hope he can get out of jail and contribute more to this forum. We mods never delete messages because they are negative. We delete messages because all or part of them violate the TOU that IHUB has set up and all agreed to follow.

There is no reason to PANIC. Read the next post as well. There is reason to keep our eyes open and mine have been and are wide open.

Binzur