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Monday, February 22, 2010 5:07:35 PM
Good old Roundmott was there too.
I think we were supposed to be working on fuel cells with GE! buying hybrid tech the works....
Then dilution filing after dilution filling.
The problem is he will use the RS to dilute more shares into the market and treat the pinks as a place to get free money to do what he wants with zero concern for any share holder.
I think I dumped most of mine for around 003 in early 07. OS was 4.3 billion at the time. up from 2.7 when I first started watching it.
notice that he does not own any common stock only perferred if my memory servers me well.
The company might be making money and Hilal is probably making money but the shareholder will never make any money.
I remeber when we were all hoping he would retire so someone that wanted to make money would take over.
And his super secert process couldn't hold a patent because then people would steal it.... lol
Thanks for the trip down memory lane folks.
If he does pull off an RS it will not be to 10 to 1 type.
Good luck
L6
I saw someone else posting about this on another board and thought I would stop by and see what was up.
Little fact Hilal supposedly invented the calculator... true.
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