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Re: schmike post# 19595

Thursday, 12/02/2010 11:25:03 AM

Thursday, December 02, 2010 11:25:03 AM

Post# of 20469
Salvageable ?

The company has interesting technology.. that's not the issue

Frankly a company at this early development stage should NOT be on the Pink sheets. They should have found a VC or angel investor.

BUT: Pink sheets offer an easy and cheap way to raise FREE MONEY.

When i say FREE, i mean MMUH has no obligation to pay it back, no interest, no guarantees.

Its the shareholders who are " trusting " the management to make something out of it

Its only Salvageable if they find a genuine investor, who will hold restricted shares.

Track record of MMUH has been to simply issue hundreds of millions of shares, without any qualms

This is for the moment simply a gamble / Lotto play

And the odds are stacked against any shareholder.

All IMHO

GLTY
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