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Re: EarnestDD post# 4111

Thursday, 01/28/2010 7:29:19 AM

Thursday, January 28, 2010 7:29:19 AM

Post# of 112299
Here is what we do know: there has been much ado about nothing.

Conjecture and speculation are what dominate this board. The bears demand definitive proof that this is 100% complete with four three story water slides, 2000 slot machines, a grand poker room, 50 black jack tables operating 24/7 and generating $400,000,000.00 annually.

Then on the other hand they scream fire and tear apart any news as a PR pumping and dumping machine, or lack thereof news as indecision and being totally inept as officers.

Do you see hundreds of millions of shares authorized to consummate the deal? Then why are you speculating that there has been? In my opinion the answer is to create a seed of doubt.

Screaming fire in a crowded theater that EXTO has never been the design of Summit City, and that David Dion (who has the dumbest idea of dumb ideas in the history of dumb ideas) for text for cars is really in control, is absolutely preposterous.

I cannot put into words how silly of an idea that really is, but that’s not on the table for discussion right now.

However I think it is important that we visit the idea that EXTO has a $1,000,000.00 because Text for Cars was so expensive to make. This is pure folly.

Business 101: I would not buy a shell with the debt attached. That is completely and totally absurd. Any businessman with even one firing brain cell would stipulate in the contract of purchase that your company stays with you, including all assets and liabilities. We buy the public corporation and we replace assets equal or greater value to what was in it for the benefit of the share holders so they are not screaming fire while we are building. Has anyone called the company and ask them if they have assumed all debts for Text for Cars and David Dion because they are nice guys, and dumb as a box or rocks?

I think the bears should work on their stories, one of them says there is a casino and he has seen it, the other says it does not exist, and he is certain of this by way of speculation alone. If you are going to convince people that this is a bad idea and not to invest your money in it, you should really have a leg to stand on.

Any knuckle head can see that the legislation takes time, and very little legislation makes it through the reps and the senate on the first try.

Let’s compare this to another bill we are all familiar with, health care. Has it gone through with flying colors on it’s first attempt, or has it been worked on since Bill Clinton was in office the first time? I know I opened the door for a couple of knuckle heads to say what I am getting at is this will take 10 years to get passed, but that’s not at all what I am implying.

First I think it is important for us to understand how a bill becomes law, this is just a simple example but it works for general purpose.



Here is the simplest example I can put forward to you. If I take 12,000 bucks and put it in this stock right now today that buys me a million shares of this Summit City Grand Resort and Casino Holdings Corporation.

Worst case scenario, they build an amusement park not a casino, the stock is worth a couple bucks. $2.00 X 1,000,000 shares = $2,000,000

Now let’s say they do build a casino and the stock rockets up to $10.00, well that’s 1,000,000 X 10.00 = $10,000,000.00.
I am happy with that, what am I going to do with $12,000.00 besides buy some accessories to my cars, or maybe have a good few week vacation. This stock has held it’s value steadily for more than a year since Summit City started the process and despite the best efforts of the bears making the rounds it has not crashed.

So in my opinion it is a relatively safe bet to stick some money into. So long as the longs hold. They seem to not be minding the bears relentless attacks. I think they recognize that they are kind of like the howler monkeys in Panama that hang out by the dumpsters. If you poke them they make a bunch of noise and throw poop at you

They are always there howling and making a bunch of noise, but after a while you get used to it. Ignore it and it is as if they are not there anymore and you begin to enjoy the weather and the sunshine.

Just to be clear!!! No one should ever invest more than they can afford to lose especially in an over the counter stock!
The bulls will tell us to buy more, the bears will tell us the sky is falling, just look at the history, understand the players, and make your own decision.

If you have questions if someone is a pumper, read their other posts, including other message boards, there is nothing wrong with that.

If you have questions if someone is a basher, read their other posts, including other message boards there is nothing wrong with that either.

Don't be afraid to call the company and ask a question, that is why they give the investor relation number in PR's. It is your money you are investing, read everything you can, call the company, and find out who you are dealing with.


Cheers