AmStem Corporation (fka AMST)

[buckyboy]

I believe there were major issues uncovered by new management which has ultimately led to a long period of silence as the problems are corrected. Nobody has a crystal ball, but hindsight tells me that the 10K should have never been filed (the one that was rejected). Everyone was caught with their pants down on this one. However, I think they will ultimately be successful. The company (Dwight) has obviously taken an ultra conservative approach with respect to shareholder updates. He has a two year contract with the company and he has only been in the position for four months. His first four months has evidently been spent cleaning up a few major problems. I trust his experience and his industry connections to make this a success. This is absolutely a very high risk very high reward situation. You either understand the potential value of the investment and trust the current team to unlock its value, or you don't. I do! I continue to add at these lower levels. The S. Koreans are still partying...we may not see an update for a couple weeks (hopefully we see one). Best wishes to all.