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Re: MaskedCat post# 21169

Friday, 09/03/2010 1:18:23 PM

Friday, September 03, 2010 1:18:23 PM

Post# of 22746
3. Get off the Greys roadmap.
Updated Sept 3 2010 Status: Company is planning to get off the GREY MARKET by end of year or very beginning of next year. I'm nnot thrilled about this but I think there is an alterior monitery motive here. No rumors but this begins to smell like a merger plan developing. Logically they should want to get off sooner but it is not the case. This is a development coming out of a specific meeting held on this very subject. Admittedly I am baffled which pushs the merger notion higher in my list of conjectural probabilities.


The probability that anybody would merger with a grey market stock is close to that of winning the lottery every day for a year.

There is no benefit to merging with a grey sheet company that is under SEC investigaton.

It is a lengthy process to get off the greys. I just posted the requirements which can not be met in a matter of days or weeks. This is a process that takes an amazing amount of time and money. There is no need to use "conjectural probability" when the requirements are known and the lenght of time it takes to complete these requirements is known to be in the range of months to a year or better.

And they can not really do much about it until they see what the SEC is going to do about this whole issue and SEC investigations take months/years to complete.

The idea that this stock will emerge from the greys any time soon is laughable. And to think that a merger is likely is even funnier actually. Who would merge with a grey sheet under SEC investigation?

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