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Re: Staretsky_55 post# 17361

Tuesday, 12/07/2010 3:39:39 PM

Tuesday, December 07, 2010 3:39:39 PM

Post# of 130743
You know I'm not sure. As with C*SG the company looked promising, but as you now know and we're finding out here. The company and the stock are two completely different beasts. It seems that ol' Joe could care less about anyone at this point. There are three scenarios that happen next.
1) Ol' Joe releases something of substance, new buyers come in and the stock goes up enough that the bagholders, including myself can sell and get out with our pants on. At which point he'll try to take control of the company by convincing us we should vote for the proxy so he can R/S
2) The stock goes to no bid and we can't sell or take a writeoff.
3) The SEC indicates that much like C*SG this stock is now revoked and we all lose the tiny bit of cash we have left.

I'm not placing a lot of faith in #1 at this point.

If contracts took effect Dec. 1 as Joe would like you to believe. They could PR that by now. I think it's a lot of smoke and fluff to keep shareholders on the line as long as they can before POOF our money is gone for good. No grease, no vaseline, no KY just bent over and well finished.

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