im still around from time to time and yes im still holding. the amount i have invested here is small compared to my major positions and if this tanks, ill use it as a write off, no biggie.
that said, while i have not contacted the co., it is my opinion, that this is now a shell. they have had ample time to file the financials, and as far as i can tell, basicly do not have any income being generated at this point and their new or current business model doesnt seem to be active at all.
depending on where this goes over the course of this year, ill either average down or just make the determination of taking it as a tax loss, but if i dont see or hear any progress by the co. i will not be a holder of this in 2011.
if i had to make a guess, i would look for this to go to the sub 001'a and either the shell is sold, or once it gets below .001, we'll start to get some news (who knows it may even get to .0001 in which case id have to buy double my investm,ent and let it sit).
this stock is more than a gamble at this point, its alot like betting money on the vikings to win the superbowl this year, and as we all know, they arent even in it lol
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