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Tuesday, October 20, 2009 8:07:05 AM
Maybe I can explain it with an analogy. A robber enters a church and a casual observer may surmise that the robber has religion. But if that casual observer actually went into the church to investigate he may find that the robber is really trying to figure out how to steal money from the poor box.
Sandy, IMO, is a master at keeping up appearances without actually doing much. Now, he or whomever took over the controls (if ownership of BKMP really did change), continues to create the appearance of legitimacy.
The pink sheet filings, for the most part, have been near carbon copies of each other for a long time. And they are worthless. There isn't much effort involved in running a former filing through a copy machine, re-dating it and mailing it to a public board to be posted as a new document.
Unfortunately, some casual investors actually think this is a good thing that lends credibility to the stock.
That's what is pissing me off.
What goes around . . . comes around.
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