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Re: 12ring post# 256097

Saturday, 03/24/2007 1:31:47 PM

Saturday, March 24, 2007 1:31:47 PM

Post# of 311068
Due Diligence

As someone with many years in the Due-Diligence business (I have worked in Corporate Finance for almost 20 years), I can assure you that any Due-Diligence that leads you to think that Sulja is on the up-and-up is innately flawed.

Yes, it is true that we know neither you personally nor your, as you put it, investment philosophies of due dilligence (sic).

That being said, the fact that you seem to buy into Sulja's claims is enough to tell me or, for that matter any truly open-minded person with even rudimentary DD abilities, that, at least in this case, your due diligence is sadly flawed.

It is truly unfortunate that more people do not understand what real due diligence is. If they did, and if they invested with their heads, not their emotions, greed and egos, they would be much better off.

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All that is necessary for the triumph of evil is that good men do nothing. - Irish philosopher and Statesman Edmund Burke