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Re: rudik post# 978

Tuesday, 01/04/2011 8:19:34 AM

Tuesday, January 04, 2011 8:19:34 AM

Post# of 6560
This company has a prospectus filed 20 December 2010. I was able to look it up through Scottrade which is where I do my speculative trading. Investors should read the prospectus and decide if they believe in this company and its goals or not. If they do, they should invest in it and help it to grow. If they do not, they should stay out of it. Money is basically an idea backed by confidence. The U.S. Dollar has not been backed by Gold for decades and the only thing that allows it to buy something is confidence. Similarly, I believe the value of a stock to have a lot to do with the confidence of its investors in it. I personally have some confidence in the potential of this company and I am going to keep my small holding in it. This is a KNOWN very risky stock and all of the risks are in the prospectus. That being said, I did not bet the farm on it but bought only a small amount. I'd rather have a few hopeful shareholders there putting pressure on this company to make it than 1,000,000 investors trying to make a quick buck.

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