Tuesday, April 21, 2009 8:23:14 PM
anybody can get screwed, penny stocks have a lot worse reputation because they're more prevalent, but enron, worldcomm, any size company can pull one over on shareholders, regardless of whether you've actually visited the site
it certainly helps to have an auditor, and without an auditor, plus the fact that it's a pink-sheet company, you have to almost think that it's a scam -- it's just the nature and prevalence of how many people get screwed over...if you don't think it's a scam or aren't cautiously pessimistic, then "blind faith" is pretty accurate --
ultimately, all of us here, including you, are relying on Jared not screwing us over, no matter if you've visited the site, watched products going off the line, verified contracts with third parties...
his projections could be way off, EESO may not make a profit this year despite having contracts in all sorts of countries, jared may deplete the corporations assets into a subsidiary and make this into a shell, jared may dilute the shares -- there's all kinds of stuff you can do --
again, we're relying on jared -- he seems like a good guy -- doesn't really look like a convict to me, which is why i'm investing
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