Tuesday, September 07, 2010 10:12:27 AM
Luke.........unfortunately we are all stuck and cannot sell. The company's announcemnt on 7/26 was ill conceived because they never confirmed any money was sent. I think all of PT's manauevering is already done and he has already lined his pockets. Benvengo still cannot close a window and the reality is if the money does not come in this week it is not coming at all and the shreholder's should demand an accounting. Every PR issued by this company has been misleading or has resulted in goose eggs, imo. Nothing they ever say comes to fruition. All the people who speak to Benvengo are told to be patient. The bottom line is they should have never released the 7/26 announcement.
I think what we will be seing in the next few days is no money, Benvengo unable to close the window and the death knell of a company that may have had something if they had more competent people. If the Irish are in fact on the board, they are on the board of nothing.
This has all be a Seinfeld episode about a company with nothing.
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