BB's Stock Haven

[skruggs1967]

Re:THTHF....BUYER BEWARE!

THINKPATH FACTS POTENTIAL INVESTORS SHOULD KNOW....

1: death spiral financing....

2: massive dilution (3 BILLION added since September and rising rapidly...) Total Outstanding shares as of APRIL 13, 2004 = 3,441,280,633

3: unlimited authorized shares.

4: CEO's son left the company to be with the competition.

5: Thinkpath sold off one of their top revenue producing divisions to the competition.

6: CFO has less than 200,000 shares and all senior officers turned down the stock option plan (because they know the shares are depreciating asset)

7: Company being sued for $4 million by their former landlords....of which they have no means to pay if they lose..

8: CEO stated that his company could be valued at half the total revs....so less than $11 million in revs for 2003 divided by 2 = $5.5 million.

9: CEO states his company is worth $5.5 million....so why are the pumpers telling you its worth more? Do they know more about the company than the CEO

10: Chapter 11 could be an option especially if they lose the lawsuit with their former landlord.

11: Thinkpath indicates in the last 10K that further financing is required. When will the massive dilution end? Does this sound like a good investment??