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Thursday, February 12, 2009 8:17:08 PM
The company is not even utilizing their line of credit. They do not need it. Pick up the phone and call Patrick and tell him to explain to you "precisely" what the $300K is and was for.
Then ask him to explain PRECISELY what transpired with Enable Capital, a hedge fund, and what the ultimate outcome will be.
Now, when you're done doing all that, I want you to report back here with PRECISELY what he says, and then I will know you have actually done the work required. Actually done your first bit of due diligence required with any stock. Talk to the right people. I don't want some lame crap that all you need to know about the company you can read in the filings. Then I guess every marriage in the worlds can be measured by the marriage license. No, the twisted web stops now.
Then and only then, I will demand, and continue to demand apologies from you daily, and every day until, and even after the stock is over $10.
But not to worry, you'll be used to it, because you will already have cowered away tail between legs as Johnny says within about 30 days.
And of course, we will all still be waiting for the apologies from 5 of them here.
My due diligence and resulting opinions come from 25+ years in the world of trading and investing. Anything I post therefore should be construed as representative of that hard work and effort. Any contrarian viewpoints to my analysis and resulting convict
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