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Re: urka post# 3564

Sunday, 08/05/2007 9:57:28 AM

Sunday, August 05, 2007 9:57:28 AM

Post# of 21215
You are right he said no debt and IMO there is no debt. The company started with 3 partners the CEO the inventor and the folks who funded this operation. You could say it started as a 3 way friendship deal. But now it seems Alliance wants out.
As far as a BB listing all he needs are up to date financials going back 2 years that must be certified. But you are right it wont happen its like waving a carrot in front of the S/H. Reason it wont happen is everything must be out in the open. Like quartley updates on the share structure, with real figures and not about 50 shareholders or about 600 million shares in the float. Contracts with REAL figures and so on. So a listing is almost out of the question.
And when a company puts out a PR and a insider is selling it is called pump and dump. Even if the pumper did not know another insider was selling. This is a common pratice in pinky land and that goes hand in hand with the pumper to say help me l cant figure out where the stock is comming from!!
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