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Re: Cee-It post# 21304

Thursday, 06/07/2007 2:58:54 PM

Thursday, June 07, 2007 2:58:54 PM

Post# of 53789
Cee-It

I said: "The dfference is this is the unregulated world of the OTCBB, and not a standard bank loan, where naked shorting is commonplace"

My point was if the company could have taken out a standard bank loan - you pay principle and interest - STOP

With Dutchess you get $$$ then issue stock, more stock, and more stock and they sell into the marketplace to recoup their $$$. The there are the convertibles - more stock. And Dutchess shorts the stock as the price goes down and covers to make more $$$. And the cycles repeat - more stock, etc...

Clearer???


These are my personal comments, observations, opinions and should not be relied upon for any investment decisions, and as always read the SEC filings for the facts of the company

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