InvestorsHub Logo
Followers 43
Posts 4655
Boards Moderated 1
Alias Born 01/28/2004

Re: vince1811 post# 138416

Wednesday, 08/27/2008 3:28:52 PM

Wednesday, August 27, 2008 3:28:52 PM

Post# of 162847
Vince,
Uplisting doesn't eliminate the fact that they have not announced the completion of their move into the new location, 2 MONTHS after the initial PRed date they "expected" (the cover-all for missed deadlines) to be in there, thus costing them two lease payments on office space instead of one.

Uplisting doesn't eliminate the 862,500 "prepaid expense" that is going to hit the books amortized over the next 4 quarters at $216,625 a quarter.

Uplisting doesn't eliminate the consistent LOSSES the company has had every reported quarter.

Uplisting doesn't eliminate the debt owed to Bryan Hunsaker, the debt he COULD have taken at the time of the merger, but DID NOT. (Now it gets him many times as much as it did then).

Uplisting doesn't eliminate the fact that they can, upon just one missed payment to David K. Richards, lose the ENTIRE COMPANY to him.

And it certainly hasn't created any "real buzz."
IMO/FWIW

"Taking advice from known stock promoters is like telling a pickpocket where you keep your money!!!"

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.