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Re: The Cheap Investor post# 5403

Monday, 04/19/2010 8:56:18 AM

Monday, April 19, 2010 8:56:18 AM

Post# of 13354
I did some reading on sham penny stocks this weekend...unfortunately XPGH is showing parallels with phoney pennies of the past. Now I will admit it wasnt 100% match to most fraud penny stocks....but a few tell tale signs that I recall from the numerous articles I read were ...

1.) Empty non specific pr's

2.) publishing unsubstantiated financial reports or sales numbers

4.) Shorting spurts

5.) Dilution (we havent showed a ton - YET)

I am telling you all now the only reason I am still here is because of Harrision Parrishs supposed involvement. THAT IS THE ONLY reason I am still in. HE is a legitimate businessman with a proven 30 year track record, I would think he has amassed honestly gained wealth already in his life and really doesnt need to be involved in something like this I would think at his stage in life. Simply stated if he leaves I am outta here because this isnt adding up lately and is showing signs of dirty pool IMHO.

STEP BACK - DONT BE EMOTIONAL -WE dont have "a SHRED" of third party verified financial information about this company. Its no different than handing your money over to a total stranger on the street at this point who says he has a successfull business going and can make you some money.

PS.... even if there are complaints -the SEC isnt going to help anybody here in the Wild West (Pennyville). Nervously holding.....