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Re: rouster49 post# 6537

Saturday, 03/27/2004 10:44:07 AM

Saturday, March 27, 2004 10:44:07 AM

Post# of 53818
Seller - Dutchess

IMHO the seller is Dutchess - that type of funding deal is very high risk and usuallly a desparate one for small companies as they ususally have no other option and have to use their only real asset stock which causes major dilution.

Institional buying - laughable. Institutions only purhase shares of NYSE ans Full NASDAQ large cap companies not startups with little or no revenue with very little cash and negative net worth.

The timeframe continues to move out - sales by the end of 2003, sales by the end of 2/2004, etc etc.

Will be interesting to see the #'s as of 12/31 when they are filed on 4/15.

Best to all.

Take care

These are my personal comments, observations, opinions and should not be relied upon for any investment decisions, and as always read the SEC filings for the facts of the company

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