Strattner Financial Group (SCNG)

[cynic2005]

They also have a very real bio-diesel plant whose design was flawed from the get-go and lost a ton of money for the short period in which it was producing.

They also have a pretty office in a far too pricey location for a company without revenues for years, but I digress.

They also have a tax-payer ID etc, so they are a real company alright. They also have a very real $40m in debt and next to $0 cash.

However, all of that still doesn't make it a VIABLE company.

I live in Dallas and drive by that particular intersection at least once a week and there has not been a change in that location since the board was put up. No clearing, grading, digging or any activity whatsoever. Furthermore, if you follow the PRs, a lease agreement on the location was never finalized. The intent to do so was announced and it was to be completed by 11/30/09.

So you may want to include an asterisk in your statement.