News Focus
News Focus
Followers 1
Posts 92
Boards Moderated 0
Alias Born 08/30/2006

Re: nerd86 post# 69230

Tuesday, 03/27/2007 3:47:15 PM

Tuesday, March 27, 2007 3:47:15 PM

Post# of 157300
Now you're advising to hold onto the shares through a bankruptcy????? lol

Please tell me how you come to the conclusion of that being a smart move given the below:

1. Not having seen a balance sheet for the company dating beyond 6/30/06.
2. Arguably the largest recoverable asset of ~$5mm (aka not composed mainly of goodwill and intangibles) being 'sold' (term used loosely) to Gotham Financial.
3. $1.1mm Debt taken on in the recent financing of Sept 06.

Yeah seems like a screaming buy there....

"Q: What’s special about the lifting gas technology? . . . How long will it take for a Stratellite to reach cruising altitude?
A: The lifting gas technology is proprietary."
-Sanwire Networks, LLC

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today