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Re: Getitgogone post# 900

Tuesday, 09/30/2008 7:58:14 PM

Tuesday, September 30, 2008 7:58:14 PM

Post# of 18730
Really sorry to hear about that. Personally, I never use margin, but I'm a safety first kind of guy.

I've been reading through the SEC filings. To be blunt, this doesn't look like a solvent company. The issue of unrestricted options - basically, free shares - to insiders over the summer - 6 weeks before the last pop - is also a bit concerning. It kinda looks like COIN is a stock-selling division of ECap Global - and it doesn't help perceptions that the two companies are run by brothers.

All that said, I'd like to learn more about the company. For example, Do they have an "in" with Ecap's other projects, like Terrasphere? Presumably Terrasphere needs a !@#$#-load of fertilizer for the Pharmasphere project (though the latest photos I can find suggest they haven't even started working on the Worcester site).

Keeping an open mind...