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Re: None

Thursday, 12/27/2007 5:06:18 PM

Thursday, December 27, 2007 5:06:18 PM

Post# of 28519
There have been many posts today decrying Morales as corrupt and EWDI as a "scam." While I definitely agree that company leadership is lacking in some areas, I think it's too early to start labelling this as a "scam."

If Jan 2nd comes and goes with no news, then we can begin to worry. If the launch on Feb 8th is postponed, unsuccessful, or just plain doesn't happen, then we can REALLY worry.

But until these things happen, calling this a "scam" is just an attempt to scare investors, and is most likely indicative of someone who has just lost money in the stock before, and does not want to see it succeed.

Also, I think the possibility of an R/S at this point is pretty unlikely. With the A/S so high, there would be little point to screwing over shareholders to raise money with an R/S, when this could be done simply by diluting more instead. Why anger all the shareholders - who Morales depends on - with an R/S?

Remember, EWDI endured a long period of no bid before it ran to .0008 in mid-November. There was no R/S involved there.

All IMO.