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Thursday, February 05, 2009 12:05:55 PM
hmmm let me think.... interesting concept, hoping for magic as an investment strategy... so here's my answer:
No, of course not, why would any intelligent and prudent investor put money (to say nothing about MORE money) into a company they know absolutely nothing objectively meaningful about except that they have a too-well documented history of unfulfilled representations to their shareholders, they are totally NON-transparent, there are no numbers to work with and they're on the cusp of a significant reverse split that they have yet to reveal the final figures on.
They have made a prototype car, and that's nice, but probably not the kind of occurrence to base an investment on. A good investment idea is to know more about a company than that.
Of course, that's just me and my opinion......
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