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Re: hadesdog post# 22561

Sunday, 05/03/2009 8:56:16 AM

Sunday, May 03, 2009 8:56:16 AM

Post# of 41474
I agree about some pinksheet stocks being decent.....some.

These often have little chance of getting financing through traditional means and can sell shares and dilute to get money they need to advance their business plan. Some fail, some do well enough to eventually get listed on the OTCBB or Nasdaq.

Many, however, can't seem to admit when they have failed and keep doing the reverse split thing and change their name and ticker often, hoping the gullible will be conned by their bogus revenue projections and paid stock promoters.

Keep up the good work. Your comments about checking past press releases and filings and comparing them with what actually happened (and in most cases did not happen) may have helped more than one investor avoid investing money in companies like this one.
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