InvestorsHub Logo
Followers 71
Posts 17468
Boards Moderated 0
Alias Born 08/29/2008

Re: Knobody post# 23386

Tuesday, 08/18/2009 7:39:19 PM

Tuesday, August 18, 2009 7:39:19 PM

Post# of 41474
BadPicks - believe Pagnano at your own peril. All anyone has to do is go back and read past press releases and old SEC filings to see just how poorly he does everything he tries.

He depends on the gullible to buy those shares the company dumps as fast as they can.

You may have noticed the 1:100 reverse split in 2007, the 1:200 reverse split in 2008, and the 1:300 revrerse split earlier this year.

One he reverse splits, he dumps and dumps and dumps billion more shares, and the share price drops accordingly. He has never had and still does not have a viable business model for anything. Pagnano was even putting out press releases to try to make people think the dilution was going to end....it got even worse right after he put out the PR.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.