Monday, July 19, 2010 8:53:13 PM
There is no transparency on this thing at all...we don't know if they have revenue, we don't know if they purchased the 30% of INEX, we don't know if there are government contracts, we don't know how the iPhone app is doing, we don't know if and when they will be compliant with the FCC and Pinks...we have no numbers for their dating sites, their background checker sites or their youth drug sites...we basically know jack, BECAUSE THEY WON'T TELL US.
So, we are left with nothing but speculation in trying to interpret whatever morsel of info Frank may toss out or trying to figure out one of their fluffer PR's, ergo, the big huge "Stop. Pink Sheets. No Information" warning logo awarded to them over at otcmarkets.com.
A month ago, just about everybody including yours truly, was anticipating this thing breaking above .0030...and here we are today at an all time LOW of .0007. I'm glad I bailed at .0018 after I read that last POS PR. Now, I'm only on the sidelines, waiting to see if it finds a bottom.
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