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Re: GatorTex post# 12623

Monday, 03/08/2010 2:08:06 PM

Monday, March 08, 2010 2:08:06 PM

Post# of 25790
FDA approval is BS. I'm glad they've pulled into thye .002 range but its trending downward again. FDA approval is great for a company that has money to market and a sales force to sell. These guys have neither. what they do have is an over-90-day unpaid vendor balance around $500,000 and growing. Look at the last reports they filed. Gotta sell a lot of newly FDA approved product with great margins to pay off that debt. Then there's the debt of somewhere around $4Million to their lendor NIR who I've heard is under SEC, FBI and US Marshall's investigation. Gee, sounds like a great company to me. On the other hand, this is a deay trader and stock manipulator's dream. I love it!