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Re: augusthog post# 5979

Wednesday, 04/21/2010 9:07:40 AM

Wednesday, April 21, 2010 9:07:40 AM

Post# of 30846
I have never come across a stock like this. They are in a very interesting situation. They basically got a loan from a loan shark and now that they are ready to go national with their product, they a re trying everything they can to get rid of the loan shark holding them down. The death spiral financing that they got into is hurting their company and their Shareholders value. That is why I feel they defaulted on their payment to NIR and are fighting them in court.

I firmly believe that there will be a series of PR's that will be released once they agree on terms for the settlement. Hopefully it involves paying off the bad loan and moving forward with getting Neuroskin on store shelves across America!

Long and strong. This is my lottery ticket. I don't care if it takes 3 years. I believe in this company and their product. I have seen the benefits of Neuroskin first hand and know they will come out of this. Not necessarily unscathed, but they will be stronger for it.

-Scuba