Wednesday, January 12, 2011 4:54:36 PM
Bill you said it right "You must stay up at night coming up with this stuff, in any case another year has passed and we're still at .07. "
The PPS of this pink sheet company has been here at $.10 and under for what 4 yrs. The pinks are the lowest of the low of exchanges. To get compliant they will need to go back from when they left the OTC - a long time ago. The thing they have going for them is being such a small co there are not that many transactions or entries for the financial statements of a more substantial company.
The other issue is very little liquidity and interest so if someone needs to get out of a large position they are the market and will bring the price down with their transaction
Pipe dream Weeble and Felix and others who spend their lives here.
Just a shame
These are my personal comments, observations, opinions and should not be relied upon for any investment decisions, and as always read the SEC filings for the facts of the company
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