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Re: luckydude777 post# 9478

Friday, 04/20/2007 3:19:51 AM

Friday, April 20, 2007 3:19:51 AM

Post# of 44855
Lucky,

I hate to have to take issue with your post, but I will for two reasons...

The first is that you have either not read, or you failed to comprehend, the wording in the Mar 5th PR released by RSDS. The contents are quite clear, lay out precisely what RSDS has and will continue to do in relation to using equity to raise capital and hides the sum total of ZERO from Investors.

The second is that it is the persistent campaign by yourself and others on this board to reduce confidence in this company and its stock more than anything Rick Berman has or has not released which will be responsible for tanking this stock and your allegations need to be refuted with FACT, which to date I have yet to see offered by the dissenters of RSDS.

Lets look at your post line by line...

If you happen to read this post before it gets removed ... if you are going to attract new money to your company, don't you think that you are going to have to convince new money that you are soon to end dilution ... at least for a reasonable amount of time?

Why would new money come flocking into this stock when their only perception is that you are going to keep selling shares day in and day out, non stop?


Nobody is removing your posts, in fact they should stand as a monument for just how fragile your argument is without facts to back it up...

If new money comes 'flocking' into this stock it will be because they are content that RSDS has been forthright in its intentions to raise working, expense and acquisitin capital through leveraging equity instead of PIPE funding or some other type of toxic financing... do you know how easy it would be to get PIPE financing, or go to Cornell and get money? And what the potential result of a move like that would be? Here from the Mar 05th PR...

The Company has been raising equity capital pursuant to and in compliance with SEC Rule 504 Regulation D since August 2006. The Company plans to raise up to $1,000,000 and has raised $367,000 to date. The equity capital is being raised for expenses, working capital and potential acquisitions. The Company has chosen to sell its shares to only accredited investors to raise equity capital, rather than borrowing to raise equity capital. Therefore, to date, the Company has no debt from loans to raise equity capital

That seems pretty clear to me... no shadowy language there, up front and clear, he is leveraging equity in the form of cash or, given the recent increase in A/S, restricted shares for working capital and acquisitons.

Maybe you don't realize that is what you are advertising, but at the risk of offending many longs on this board ... that IS what you are advertising. Wake up, Rick, and realize that when you are so focused on securing assets at the expense of retail investors without building their confidence that they will receive a reasonable return on their investments ... you are slowly digging yourself a very deep hole, at our expense, no less.

Of course he realizes that this advertises dilution... Dilution is precisely what the PR stipulates is going to happen, what else does 'raise equity capital' mean, if it doesnt mean dilution.... but its dilution for a purpose Lucky... thats the point you conveniently dismiss...

The confidence comes from having a longer term view of this... just because you havent scored a 10 bagger from playing RSDS or maybe you even lost a little money by being scared out of the stock by another naysayer... that doesnt mean it wont become one, Rome wasnt built in a day, at this level despite the volatility that comes from PR's such as an A/R increase, flippers jumping in and out, and the activities of posters such as yourself, which scare newbie investors into dumping with your sensationalist allegations... RSDS is still on track, in my humble opinion, to make great gains over the next few months, if you have any FACTS to counter that assertion, then present them please... instead of scaremongering.

Truth hurts, Rick, yet you have the power to turn "perception" around before it is too late. Convince us that you aren't going to keep diluting indefinitely. Your silence is NOT golden, believe me.

There is no perception to turn around... the only perception that anybody should have is that promulgated by the Mar 05th PR, and that is that RSDS will continue to raise capital through equity to meet its plan of raising working capital and purchasing additional claims... where is the confusion there.

St Peter said, 'let truth be thy shield'... St John said 'it hurts when you get hit over the head with a fuc**ng shield doesnt it son?'

The truth here is evident for those willing to see it and to take the time to READ AND FULLY COMPREHEND THE CONTENT OF THE PR's...

Hope that bump goes down soon... Keep smiling...

Cheers, J.






In Remembrance of Joe Bresler, former C Sqn (Rhodesia) SAS, good friend, sorely missed. RIP Joe