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Tuesday, November 06, 2007 7:55:42 PM
Aside from what it appears to be almost absolute that Cornell is the one behind long lasting deliberate stock price dragging by underselling INRA share, this act also has contributed very negatively for all potential INRA investors not wanting to buy shares.
As far as I can see, Cornell debt is about $2M. As I agree with you, these amounts are chunk change in world of business. Even a private investor or investment group convinced for Innova's potential especially on licence and Coroware prospects can easily payoff this ill Cornell debt situation. This would be not only payoff the debt for better terms, also would lift the negative pressure and increase market cap back to levels as before or at least between 15-20 cent per share.
I am really puzzled how Innova management could not have success finding an alternative debt/funding to payoff Cornell so far?
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For everyones information... I have not sold a single share of my accumulations since summer 2006. Instead I said what the heck and almost doubled my holdings by taking advantage of recent 2 cents a share.
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Dont put your money on hype!
Do your homework...
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