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Re: jamcneel post# 10449

Thursday, 09/18/2008 10:18:11 AM

Thursday, September 18, 2008 10:18:11 AM

Post# of 41474
Not much changes in Pagnano land.

Anyone even considering buying even one share should go back and read every press release over the years from Pagnano's ever-reverse-splitting, ever-changing-business-models failures.

Then look at the SEC filings when they were trying to report occasionally to the SEC before getting delisted to the pink sheets.
Look at their revenue projection PR's and see how the company even admited it could face action from shareholders or regulators for some of the stuff they put out.

It looks like the company doesn't even pay prize winners and purposely avoids payment, even losing in court to one prize winner....I still doubt they have paid that guy. They are apparently in defualt, too, on other payments, per the financials.

Some of the pumpers here look like they chose to stick their head in the sand rather than even mention some of the things those with dissenting opinions mention. Anyone wonder why? I'm guessing they know this is going nowhere but downhill and are just hoping for a temporary hype-induced spike to dump their shares.

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