You reckon they're done diluting yet? They even admit to the dilution in one of the filings, though obviously, it doesn't appear they were out to scam shareholders as it was a necessary action to keep the company afloat.
I briefly looked through some of the filings. They aren't very active, haven't put out a pr in years. I'd be a little careful here, though it does look like it has some potential chartwise, it is a very thinly traded stock.
The chart looks good in that it appears to have finally bottomed and could possibly be reversing the hideous downtrend it's been in for years! Feel for the bagholders that got in this thing a couple years back.
It appears they had/have a lot of debt and I wonder if they have settled the case with Murdock yet for that $500,000 promisary note that was apparently of no benefit to Polar and was done post merger by a board member of Murdock tying Polar into the debt. Also where the auditor resigned from performing their audits, although from the letter, it was not necessarily because of any wrong doing by Polar.
Seems like a good product. I'd call the Transfer Agent later today and see what I could find out there. Just wish they had something more recent to go by, they haven't filed anything for quite a while. If it starts getting some decent volume, I might jump in for a starter position and see what happens. GLTY!
To DA MOON!!!!
