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Re: alexindef post# 1843

Wednesday, 12/26/2007 1:54:07 PM

Wednesday, December 26, 2007 1:54:07 PM

Post# of 27909
That's also the financing deal I'm talking about--the float after this particular deal was supposed to be 55-60 million and no more.

"Accredited investors"--you gotta be kidding me! They couldn't wait to dump their shares because they know better than anybody else that the company might do another deal just like the one they got with shares being simply given away at no cost in order to retire some old notes and raise capital. This deal brought the PPS down form 4 cents to current levels because the people who got the shares still could make a profit dumping them since their cost is NADA. I bet you could call the company and offer it $50,000 and get enough unrestricted common shares for them so you can still make a profit selling them on the open market.

Again, don't get me wrong, I think this company has gotten the products and patents to go a long way but the management is totally a differnt story.


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