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Re: A deleted message

Wednesday, 01/28/2004 2:23:25 PM

Wednesday, January 28, 2004 2:23:25 PM

Post# of 1506
THINKPATH FACTS POTENTIAL INVESTORS SHOULD KNOW....


1: death spiral financing....the financiers (cd holders) get their shares at half the market rate...some as low as 0.00075....then dump them on the open market for at least a 100% gain...the lower the share price goes..the more shares they receive.

2: massive dilution (2.3 billion added since October and rising rapidly...) TOS at 3,175,852,888.

3: unlimited authorized shares.

4: CEO's son left the company to be with the competition.

5: Thinkpath sold off one of their top revenue producing divisions to the competition.

6: CFO has less than 200,000 shares and all senior officers turned down the stock option plan (because they know the shares are depreciating asset)

7: Company being sued for $4 million by their former landlords....of which they have no means to pay if they lose..

8: CEO stated that his company could be valued at half the total revs....so optimistically $13 mill in revs for 2003 divided by 2 = $6.5 million.

9: CEO states his company is worth $6.5 million....so why are the pumpers telling you its worth more? Do they know more about the company than the CEO

10: Chapter 11 could be an option especially if they lose the lawsuit with their former landlord.

Does this sound like a good investment??


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