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Re: Makamai post# 6128

Tuesday, 05/19/2009 7:34:12 PM

Tuesday, May 19, 2009 7:34:12 PM

Post# of 8728
So... you think $19 of revenues is explosive growth? HOW could they POSSIBLY only have sold that much? Were they even running ONE shift? Some of the other disturbing things about this report are management's solution to keeping current... hire several more accountants and attorneys... And their practice of floating massive quantities of stock is disturbing as well. Reading between the lines, it looks like they sold a LOT of stock into that rush up to $1.79. I imagine that is where the money came from to retire that $1 million loan. Actually... that would have been THE single most positive thing they have done in some time.
Also, Mak... you keep claiming that they will buy the CO property this quarter. I seriously doubt that will happen before August IF it EVER happens.
I'll be watching the trading tomorrow... and tonight I am THRILLED that I got out completely because I expect the rest of the week to be DISMAL for MDOR shareholders.
On the other hand... if it goes low enough... I'll buy back in.

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