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Re: Jmp8 post# 556

Thursday, 04/23/2009 1:25:22 PM

Thursday, April 23, 2009 1:25:22 PM

Post# of 27507
They bought a company with two products from Stuart Turk.
They did not receive the patents for those products.
They paid 1.7 million, plus a block of shares in a benificial trust to the shareholders of On The Go healthcare when their registration filing became effective.
Who was the largest shareholder of On the go, Stuart Turk.
They then determined that the company was not viable, after paying all that money. That smells good to you? What kind of DD does it take to pull off that kinda of success? What exactly did you shareholders pay for?
Then they decided to change direction and buy a company from the CEO, again using shares.
They pay rent to a company that the ceo is a majority owner of.
All this smells good to you?
They have zero revenue from their business.
Do a bit of research on Stuart Turks former and current companies. Metro One, delisted and on the first reverse split
On The Go Healthcare, at least 4 reverse splits and per the last filing being sued by almost every vendor they were working with. Also sued by Laurus fund because they sold a business to FTS group that was already morgaged.
In My Opinion this company is nothing more than a cash register.
Should I include I do not own any shares of this company?
I just happen to have an interest.