Saturday, September 08, 2007 11:34:35 PM
Pink sheet stocks are the way they are because of the incredible risk to the investor. Once in a blue moon, one may hit. But generally they move on hype and b.s. rather than anything real.
The fact that management has not acted like JCMP or any of the other b.s. pink sheet stocks should be admirable to someone who has been in the business for 30 years.
If their hands are tied and they cannot release a bunch of fluff, I'm ok with that. If their plans have had to be adapted because of forseen or unforseen events, Im ok with that. But if we had management throwing out blatant lies, that I would not be ok with.
If you have a problem with not being updated about the makeup/results of current JVs, I agree with you. If you have a problem with NO financials EVER, I agree with you.
But you are just flying off in all kinds of directions without base... reverse splits, no news from IR firm, skeptical about the REAL releases about sludge pools, etc....
For a 30 year investor, you dont seem to have the patience for this or any other penny stock. They fail. That's the game. The field of play is all LIES. And so far, I dont see where Sam has lied yet...
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