The only evidence I have that this May Not be a clean shell or that there May be dilution or that Dr May Be scamming us is
1.) The price action and reaction to the great news and amazing share structure over the last year, and
2.) The fact that so often 1/3 - 1/2 the daily volume trades AH. Millions of shares were added to the daily volume at off prices in the after hours amounting to well over the size of the "known" float.
3.) The lack of availablility of info on share structure or any other kind of filings
With a float of only 17M and an OS of 63M, you dont need dilution to the tune of > 100s of millions to destroy shareholder value... 17M more shares doubles the float, and so on. It takes very little to kill a low float.
Do you have any evidence to suggest that this IS a clean a shell? Or Not a scam? Or not being diluted? The filings are only accurate as of 12/31/07 - the only real evidence is over 6 months old - we don't know what's happened since then, other than millions of wacky shares trading and an enormous loss in value. We were told by our CEO that pinksheets would be updated, but there has been no update. We are now overdue - and seemingly more than overdue as I have seen posters who've claimed to have spoken with Walker say an update was coming End of April and another saying End of May.
As for Walker: I've given him my cash - - he won't even tell me what % of his Co. I own. It may be > 1% or may be < .01%. His advice to me is that I wait to find out what I own while the value of my shares drops consistently. He says he can only control the shares he owns.
A CEO who does not pump his company... that doesn't make him NOT a scam artist either - but this guy says he doesn't have any idea why the stock trades as it does - has no idea of the current share structure - and makes no contact with his investors - even when he is losing 90% of their $$ every couple of months. That doesn't make him a scammer but gives little reason to give him the benefit of the doubt in the face of a falling pps.
I only stopped posting doom and gloom because I was away enjoying sun and surf. :) Now that I'm back in the grime and slime I will continue to post it as I see it. :) I don't see what is emotional about posting the other side of the coin. When the Co. starts making things happen, I will post nothing but golden praises, unless I see some potential that I feel should not be ignored. That will not be emotional either - it will be a reflection of the merits the Company shows.
As you said, DD does not stop at an ihub message board. So, no, I don't think the posting hurts or helps too much really. I think people come to read what other people think, what they've found out and about their experiences with the stock. Why lie or hide info? How they weigh what they read into their equation for whether to buy sell or hold is up to them, I say: Good or bad, put it out there for all to read. (and to record your own thoughts and notes so that you can return to the board and learn from your past thinking/experience)
I hope I've addressed all your points. MAN this is a LONG post!
GLTY
GLTA
If you're not living on the edge, your taking up too much space.
AI
