Friday, February 01, 2008 3:39:38 AM
* the company making promises it hasn't kept (dividend, release of movies etc.),
* The stock has nosedived year after year leaving people's investment of thousands of dollars completely worthless or worth a few pennies
* Ken is still is in complete control of the company through his ownership and role as chairman, legal council etc. It was his past leadership that got the company in this situation..
* The company has admitted it has no money and its financing of the ten million turned out to be bogus
* The company to my knowledge makes no money at all other than money it raises
* The company has at least one legal judgment against it
* The company has a history of dilution. They say not they will not dilute, but just four months ago in October Ken stated in a PR:
Kenneth Eade, Chairman. "For investors who have been wondering if we intend to change the capital structure of the company by means of a reverse split, this should act as a clear and resounding 'no,'" he added.
You refuse to refute or look at any of these things and base your optimism on your alleged "feelings" that these guys are really "trying".
So I am afraid it is you who lacks substance in your arguments. As far as getting the company to give back shares it hasn't even paid out the cash dividend it promised last year or the Muller dividend the year before that! The company reverse splits and does not even put out a PR about it and to my knowledge there was no announcement of a vote about it. Not that it would matter since Ken controls the company, as stated above. So please share with us your "facts" about why this is a sound investment.
All my opinion of course
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