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Re: CohibaMan post# 2416

Tuesday, 06/01/2010 11:44:20 AM

Tuesday, June 01, 2010 11:44:20 AM

Post# of 2470
Chio appears to be one of the most stupid run companies in the world! Okay, after getting that off my chest and unloading over 50% of my holdings after the last lousy report, this is what I have to say. For one, they're talking about getting rid of everything except the segment that brings in by far, the least revenue. They never answer emails or phone calls, and up until this morning, remain virtually silent all the time. The top gun borrowed over a million dollars and used 4 million shares as collateral. Their inlish is atrocious! What more? Well, we heard today of the usual naked short causing all the problems. But, we both know that naked shorts don't go after smart, profitable companies.

So, maybe it will be a real winner. Otoh, why spend 20 million for electronic stuff and then sell the business...or at least attempt to? Too many unknowns with this one, including changing business plans (without telling anyone), not to mention a delay in their last q, stating there wouldn't be any significant changes. Well, revenues decreasing about 83% q over q, is significant in my book, bwdik? Anyway, maybe they can hire one of Bob's promoters, lol.
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