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Re: PaperProphet post# 2371

Tuesday, 12/09/2008 11:04:27 AM

Tuesday, December 09, 2008 11:04:27 AM

Post# of 8728
I, too, would like to see something more concrete than just press releases with vague terminology. Consider this: I invested two years ago with a water company named Royal Spring Water company. It was heavily promoted by John Meyers, usually a gold bug. The company had numerous "contracts" and "deals" for their bottled water. They were even expanding into new markets with wines, sports drinks and such. The stock in early May of 2007 was around $2. Since then the company has gone "poof". What happened to all those "contracts", "deals", and equipment? They owned the "plant" and the water rights. Now there is nothing. The stock now trades under RSPG.Pk for some ridiculous price of .001 or something like that. Again, contracts, deals, and the plant were "in hand". Nothing. Just a caution on this company. I'm not saying it's a scam, but there are too many red flags popping up here. I am an investor here and would like to purchase more, but for now I'm definitely in a serious "waiting and looking" mode because we should be seeing much more according to their own news releases. Be well and good luck to all, but be diligent.

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