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Re: timetomakemoney post# 11525

Monday, 11/24/2008 4:58:31 PM

Monday, November 24, 2008 4:58:31 PM

Post# of 44103
Quite honestly, I feel bad for him too. This was a bad situation from day 1, and many, many people were suckered in imo (see Spring posting/pumping frenzy). However, in following the bouncing ball (Beacon, then Numarket, then OTC Financial and the T/A misquoting o/s every time he was asked)) it didn't take much to see where this company was headed. You are right, in that pinksheet CEO's almost never, ever buy shares back. That is unheard of, and in all likelihood won't happen here. This whole Bederra story, from the ridiculously unprofessional receptionists answering the phone to the so called borrowing from a shareholder to save them from financial ruin (lol) to the fluff ridden PR's should have had ALL of us looking at this company with one eye out the door. I'm just glad I did early on as I saw this coming.

Very very sad indeed, but it won't be the first time we get suckered and it won't be the last. As long as people buy pinksheet stocks, there will be CEO's who take 100% advantage of them with a song and a story.

And IMO, you can bet your patootie that Chad, Graham, Bethke and OTC had their minions pumping this stock (and maybe still?), as shares are dumped every day.