InvestorsHub Logo
Followers 7
Posts 1572
Boards Moderated 0
Alias Born 10/01/2006

Re: None

Saturday, 08/23/2008 12:15:59 PM

Saturday, August 23, 2008 12:15:59 PM

Post# of 192567
I have traded this a few times. I read the "update" and it is my opinion that he increased the a/s so he can issue shares for a convertable line of credit. Bank loan, I don't think so. I think you will see the name Dutchess or Laurus come up sooner or later. JMHO They don't care what the share price is, they will just print more to pay off the line of credit.
This is dead money, just another CEO with a "dream" ( his words not mine ) he wants you to pay for.
If I am right, this is a deal with the Devil. If I'm wrong, not the first time. If you see one of those names mentioned in connection with this company, do yourself a favor and quietly bail
I have no axe to grind here. So if you want to tell me how wrong I am or what an idiot I am feel free.
I sold this a long time ago, before he started diluting


We all bought our shares from an idiot, we all hope we can find one to sell to