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Re: SPIN post# 9193

Tuesday, 09/18/2007 9:41:02 PM

Tuesday, September 18, 2007 9:41:02 PM

Post# of 62920
SPIN, The recent SB-2 should be enough to keep the doors open unless Cornell withdrew their offer. However the recent turn of events with the CFO having a felony charge outstanding makes me wonder how these guys even made it as far as they have.

I wouldn't be surprised if someone filed a lawsuit regarding fraudulent PR's based on the PR about the .40 cents a share as it was never disclosed in that PR that there was a minimum bid the company needed to be at for this convenant to apply. I would think Cornell is at fault too as they should have disclosed this as well.

This is total speculation on my part.

JMO

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