Rim Semiconductor Company (fka RSMI)

[ElderWolf]

Bill- I think we should all learn something from this. DO NOT let hopes and emotions drive your investment decisions.

The main red flag for me for a LONG time has always been lack of funding. If they had something, they could have gotten PLENTY of money.

They obviously cannot raise any capital.

Conclusion: They don't have a thing.

The way I imagine this happening is management will tell us that they are taking a HUGE salary cut until they are able to find more funding. When I say HUGE...I mean that their salaries will go either to zero...or pretty close to it. They will then move on with their lives. They just don't have the character/integrity to admit the failure outright.

There will still be people that will hang on for a period of time waiting for management to come up with funding for a non existent tech. That will be sad.

Have a good one.