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Re: A deleted message

Saturday, 01/30/2010 11:12:45 AM

Saturday, January 30, 2010 11:12:45 AM

Post# of 375420
DB, I understand what your trying to say. Actually, your right, when he put that last PR out I made a few bucks from the run-up. But their is a another part to that. When the price was going from under .02 to .03, there were buyers on the other end of those transactions who bought shares believing in the info that was put into that PR. Should they have? I have my opinion but my opinion can't sell or by shares for anybody, we are all responsible for our actions. That day the PPS settled in at around .024 and hovered around that area for awhile while a lot of these buyers waited for the follow-up PR. As you know, it never came and those buyers who bought in that day in the .025+ range started dumping at a loss which brought us down to the levels we are at today. All those people had to take a loss because what a supposedly responsible CEO stated in a PR has not yet materialized, even though a more than reasonable time frame has passed for the stated actions to take place. I think the "forward looking statement" that is included in these PRs speaks for itself, and in Pennyland the phrase "buyer beware" should be front and center when considering buying a penny stock, but if you can't take a supposedly legitimate CEO at his word, or at least be somewhat assured that his statements have even a reasonable degree of legitimacy behind them, I think that is a big problem, and the principal behind that behaviour takes considerably more responsibility for the monetary loss of those who made a move based on his actions.