let's clear some things up;
I have always spoke my mind on this stock; whether it be good or bad. So, if you believe I'm 'bashing' when I post negative things about the company than you either haven't read some of my past posts or you're just too naive to think for yourself. There are always two sides of an investment, argument, whatever and alot of people on this board will only listen to the positive. I think everyone here needs to step back and embrace reality.
Too many people have been sucked up in the hype and 'get rich quick' mentality. I'm only in college but have been trading since I was 14 and if I've only learned one think insofar it would most definitely be there is no way 'to get rich quick'. Do you all honestly believe in this idea that Urban wants to make us all rich? Come on, there is one person who Urban wants to make rich, and thats himself. Not saying there isn't a chance for us to benefit as well, but don't beleive for a second that someone is trying to help you out. No one has ammassed great fortunes in the market by simply following the croud. They have all been able to observe, analyze, and execture investment decisions from all perspectives; incorporating both the good and the bad into their investment decisions.
If you don't believe OTCBB.com and PinkSheets.com that's your perogative and you have the right to your opinion. If you HONESTLY think someone forged a letter from Roger Glenn or that OTCBB is inbed with some vast market maker conspiracy than all the luck to you in your future investments, for you surely will need it. If that information on those sites were false, it would have been removed immediately. Melvin probably received 100+ phonecalls and I'm sure the message was relayed to UC and Glenn. As far as I can tell, that O/S is correct and Urban Casavant has quite a bit of explaining to do. I hope he does so with a PR within the next few days...if not for any other reason than to put the shareholders at ease and give them some closure on the situation.
There is no disputing the fact that if the O/S is legitimately 483 Billion that Melvin lied to us... HE SAID ON NATIONAL RADIO THE O/S WAS NOWHERE NEAR 400 BILLION. And even if you can't technically prove that he lied this whole thing must make you question the integrity of UC and the rest of the CMKX team... up until recently there was every indication by 'those in the know' that CMKX was retiring shares and the O/S was going to be lowered than expected. This unfortunately is untrue(according to NASDAQ) and puts some serious doubts in my mind about what is going on.
This is a pinksheet...its an all or nothing play...I'm LONG this stock because it is one of the best risk/reward plays I have ever seen. I sincerely hope that everyone invested in this company is well rewarded and this is in fact the stock play of a lifetime but just remember the old saying "if its too good to be true, it probably is..."
