Please keep your posts on topic and within the Terms Of Service. Do you have anything of substance to say about this company? What, might I ask, do you make of the fact that the Total Authorized share count was changed during the time frame of the announced and subsequently retracted reverse split? Does it strike you as disingenuous that an image was generated of "holding the line" on dilution, while the Authorized was effectively doubled? In fact, are you aware that over twenty million (20,000,000) new shares were issued as this charade was being conducted? We still have no audited financials , though the promised times for these have come and gone repeatedly. We still have no verifiable evidence of sales or closed contracts, despite a recent claim that over $570,000 worth of proposals were to close by December of last year. What we do have is a "going concern" statement in the most recent filing. It states that they have operated at a loss since the company's inception and that raising operating capital through sales of stock is the only thing they have to rely on. That is evident, since they are now in a position to dump nearly half a billion more shares on us with the newly increased authorized. When I first bought stock in this company (before the SEC busted them for a P&D scam) the total issued was 34 million. Now they add that much every time you turn around.
Another thing I find suspicious about this outfit is the way they shuffle personnel around, appointing each other to new positions, etc. The one time they brought in an outsider, a "turn around" specialist, ended in his resignation with a scathing letter filed with the SEC that describes the inner working of this Old Boy's club. If you have anything of worth to say about this company other than ambiguous hints and poetry, I am sure people would love to hear it.
jc
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