With the end of a year it is time to say goodbye. I have been a shareholder since March 2005 and therefore have lost about 99% of my original investment. Today I finally sold it off to at least get the tax usage from the loss. I wish everyone here well, it has been an adventure and most importantly one of those "hard way" lessons. While not near the poster as many on here, I have watched daily, and collected information, press releases, etc. My last Medify/Petel act will be the organization and submission of good portions of my 3" file on this ordeal to the SEC. While not looking for any type of lawsuit or restitution, the behavior management of these organizations have exhibited are not what should be emulated. The Company may be too small for the SEC to give a rat's a$$, but at least I will feel I have done my part. Public news releases of forward books and revenue streams that never materialize, timing of positive press releases with the issuance of 504's known after the fact, reverse stock splits with the non-public knowledge of a management stock issuance at 340% of the total o/s shares days after split (similar to backdating), declared dividends which never come to fruition, purchase of companies with revenues that, after acquisition, never seem to make the income statement, reference of 10-KSB filings with the SEC that are not present, the acquisition of a porn company by a healthcare company in which the only product of the healthcare company in development for 2 years is shelved, etc, etc etc. All things that the SEC would not tolerate at a Fortune 500 company, should at least be giving a 9-volt spotlight. To be understood, not sour grapes, just documented facts to clear my conscious and move on.
Again, good luck to all.
Poker
AI
