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Re: MagnumALO post# 2135

Thursday, 05/29/2008 12:00:42 PM

Thursday, May 29, 2008 12:00:42 PM

Post# of 2185
Magnum,

Not sure how long you've been in but I have been in this for some years now and have continued to add even up to a month or so ago, my question to you in the recent news is how do you expect the company to survive until they get up and running (Which mind you is a year or more overdue)? In the recent days they have reduced staff to some minimal number, they missed the first bond payment, they have had to shutdown one of the offices (Needed to be done a long time ago), they are still struggling to get Westpoint online with some type of modifications still being made to all of the tanks at both sites, and they owe money to several folks that we continue to supplement via Cornell and shares issued. If they continue to stay alive really doesnt matter to you and I because our shares have been diluted so much and will continue to be diluted that they wont make good poo paper much less bring any value. Keep in mind the insider buying that is occuring is not very promising, It seems they are doing this in hopes of keep some demand for the stock so they can continue to push more shares into the market. Who knows maybe they will pull a couple pipelines outta their arse build out a few more plants and become profitable, anything can happen.

-Fish
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