Conspiracy Entertainment Holdings, Inc. (fka CPYED)

[mcmorlod3]

Overall it is good that they finally reported to the SEC and showed that they had a very profitable Q3. Unfortunately it recently came about that a few years back Conspiracy did not fully report all of their actual debt, so that is reflected in this report in great detail. I have not had time to read the entire 10-Q as I have been busy these last few days but should be able to go through it this weekend.

The main thing to focus on is that they have been turning over a profit every quarter and that profit is increasing from quarter to quarter. With the recent release of a few more games and some older ones that have been successful I do not expect this trend to decline, especially with casual gaming becoming more popular. Although I do not expect this stock to sky rocket anytime soon with all the debt that they recently disclosed. Best bet is if they get a few more games that gain a trustworthy following than there is always the possibility of a buyout, but that is just my opinion.. Hopefully I will know more when I read through the entire 10-Q.

Just my 2 cents...