Eagle Worldwide Inc.(fka ELWD)

[Cause]

With all due respect, it means nothing if you can not remove cash. We have heard they are working on making the PDR Exchange liquid. But in all honesty what does that mean?

Consider Scottrade for a minute? What liquidity do they need? You have to upload cash to buy and sell, it's that simple. The liquid comes from the accounts. Perhaps what they are saying is they don't have any money to pay the guarantees (which should have nothing to do with liquidity) and they are trying to rob peter to pay paul. I mean, they claim to have gold, but for some reason they can't sell it.

It's not looking good. IMO it's just a madder or time before real legal issues start happening. They are in default. Talk is cheap. We have heard talk for over a year.