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Re: 2020sk post# 456

Tuesday, 02/22/2005 5:13:28 PM

Tuesday, February 22, 2005 5:13:28 PM

Post# of 5661
2020sk,

"But the fact of the matter is that it still goes back into the company not like most of the other pinks."

Looking at the 2004 financial report, I don't see where much has gone back into the company. The accumulated deficit is over $61 million. Where did that money go? The only real assets I see, based on what the SEC has said, are the medical furnaces (I assume used to burn biohazard waste), computers, a little mining equipment, office furniture, building and vehicles. Even at their valuation, it only totals a little over $2 million, and I would question their valuation.





What doth it avail a fool to have riches, seeing he cannot buy wisdom? He that maketh his house high, seeketh a downfall: and he that refuseth to learn, shall fall into evils. Proverbs 17:16

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