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Re: blademan post# 15265

Tuesday, 08/03/2010 4:01:50 PM

Tuesday, August 03, 2010 4:01:50 PM

Post# of 48941
That's my point. I'm *not* comfortable, and that's why I'm not buying yet. And I think that's why a lot of other people aren't buying either. This isn't like VCTY (another MiniMar R/M) when they merged with Tactician University and posted some actual figures.

When the merge hit, the price went up and it's been holding steady at around 0.008-0.01 whereas prior to the R/M it was holding at around 0.004-0.007.

In this case, we pretty much know almost nothing about Bermal. No one's heard of Bermal. I found that Bermal is SAFE certified, which is cool I guess, but if what Fire Lane is true and they're supposed to be on file with the government and they're not, that's a bit disturbing to say the least.

There's very, very little to go on IMHO. It's not like the PR says "Hey, NWTT merged with Bermal who has a revenue of so and so and so. They've been in the business for 50 years." Nothing like that at all.

And listen, I'm not a basher, but I've learned to not get caught up in the pumping frenzy. If I had bought earlier today at .001 like some of you were urging everyone, I'd already be down 22% for the day at close. Maybe it'd go back up, but then again, maybe it wouldn't. *shrug*