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Re: justanotherfool post# 7750

Tuesday, 05/18/2004 9:25:38 PM

Tuesday, May 18, 2004 9:25:38 PM

Post# of 53791
Just Another

They are not selling stock to payoff debt they are selling stock to survive - for working capital and pay short term expenses like salaries, the light bill, rent, etc. They are not paying many other debts and actually are in default of many.

As the dilution increases it will be harder and harder to reach the $4 price to get off this exhange. A reverse is a possibility to increase the price to get it where it needs to be to get out of the OTCBB - the unregulated worst exchange there is.

Also keep in mind Dutchess wants to make $ so they will be a seller to get back their $

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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