PowerLinx Inc (PWNX)

[shamus]

The last time SeaView issued a press release was to announce that HSN would be advertising SecureView "in September." Well, it's October and guess what? No HSN, of course. How many false promises does that make now?

But don't look for a press release telling you about the toxic convertibles they just issued. They're undoubtedly hoping you won't realize they just destroyed what little hope you had left for this company.

Nope, they won't tell you, but I will:

http://www.taylorstock.com/page7.html

"If you are management of a Company and you are stupid enough -yes, STUPID - to sell a toxic convertible, you should be stripped naked and paraded up and down the streets with a sign around your neck that says "I stole all my shareholders' money". And, if you think you aren't stupid but you sell a toxic convertible anyway, then you are GREEDY. Yes, greedy. The only explanation (if not stupidity) is that you wanted to milk the company for a little more money, either in salary, or benefits or personal stock sales, all the while you are selling your shareholders down the river to the toxic convertible buyers who are shorting your stock into oblivion."