Comerton Corp. (COCM)

[rocketeer357]

A nickel seems to be the common number here.....

1. The company valued the 33+ million shares just to obtain INTEREST debt forgiveness up until 2007 at .04999999

2. 9.5 million warrants valued at a nickel for INTEREST forbearance until 2011.

The company still owes the principal. They never acknowledged the original strike price and dates of the warrants.

We're looking at dead money here. At least until Oct. 2009. Then we're looking at MASSIVE FCUKING wall at a NICKEL until 2011.

Connect the dots: this POS was a holdover from the internet boom days, racking up huge, huge debts that were disguised by seemingly large contracts. No margins were given, no estimates of profit-per-contract. Learn and burn. You run with dogs, you're gonna get fleas. Luckily I took a huge bath today, lol.