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Re: jman1970 post# 13519

Thursday, 02/22/2007 8:22:00 AM

Thursday, February 22, 2007 8:22:00 AM

Post# of 76909
There is no doubt investor confidence is on the downslide. As a result of this there are some shares being sold. With that in mind there are still many investors holding as well as some buys still coming thru at Ask. If you recall, we were at a lower PPS level before the 340% run around Thanksgiving resulting from a major sell off sparked by the announcement of the failed Merger with CompleteAuto Inc. The mystery in my mind, is that after the announcement of the failed Merger with Magnum Energy Inc., and the longest duration ever without a PR, PPS has still not hit an all time low. As I have previously stated, I will bail at .0035. This is not to say that I would not buy back in at say .001 - .002 should this downward trend continue. At present, the decision we all have to make is based on potential profit vs. existing losses. If the shares I currently hold were not free as a result of accumulation plays, I would ride it 'til the cows come home because the percentage of investment that would be recoverable at this point would be minimal and the potential profit would be desirable. Of course many will say the potential profit of this Corporation is zero as it stands. Well it could be...on the other hand, I was criticized and ridiculed for continuing to load up on shares before Thanksgiving when many of these same individuals said the potential profit was zero then. One point to keep in mind as well, is that Desmond has an investment in this Corporation the same as all of us, you can bet he is holding a pile of shares. Certainly volume has not indicated that he is selling. Many out there believe Desmond is underhanded, well if that is truly the case, than why wouldn't he continue to fluff this thing in order to set himself up for a sell off at much higher levels.

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