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Re: emeraldcityking09 post# 7387

Monday, 03/01/2010 7:59:00 AM

Monday, March 01, 2010 7:59:00 AM

Post# of 85027
At this point in time shareholders ought to contact the company and express their consternations, make demands over a conference call, and communicate the need to get a handle on what is going on over there.

Unfortunately, although I agree with some posters about MRNJ's potential and valuations, companies that conduct themselves in this manner tend to know this as well. And, things tend to get WORSE far faster (via R/S for example, further incessant dilution,...) than shareholders seeing any benefit if the company is not pressed. By engaging in what essentially amounts to shareholder "carrot-dangling" while MRNJ continues to milk funds off the pps/investors. By proactively pressing them, you'll come to realize where you stand with regards to your investment far faster than hoping they will "do the right thing". In my experience, few penny stock managements EVER do so without heat from shareholders. Moreover, if they are unresponsive,... take it as a sign to GET OUT!!!

I don't know if this pps depreciation is fixable in any way, shape or form. But, if you are a shareholder your voice carries weight and you ought to demand it be heard. Take it as a proactive sign that this is another penny stock looking out for themselves at the expense of shareholders should nothing positive result from such communications.
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