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Re: insanecurrencytrader post# 4609

Monday, 11/30/2009 6:33:45 PM

Monday, November 30, 2009 6:33:45 PM

Post# of 22569
Not quite at asset value if you look at the Sept 30 statements. That would have net asset value at about 750,000 but included in those assets are about 850,000 of investments in other companies stocks and the fine print actually tells you that a good chunk of those stocks are inactive - yep...shells at best with no revenue or business and who knows what price you bought the other shares at...you would be down much lower on net assets - below 500,000 or worse if you dig hard enough.

Buyer beware and holder be warier!