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Friday, February 18, 2011 8:56:48 AM
Actually, since the idea of playing the penny and sub-penny stocks is to make money and move on to the next pick, it does not matter at all if they are telling the truth or not--you are interested in being right during the period when the crowd exibits extreme euphoria and gets carried away to the point of silliness and ridiculous behaviour.
If some people do not accept certain facts as described on this board it's fine as long as they don't lose a lot of money due to their stubborness and wishful thinking behavior.
Oh yes, I have remembered something else that I noticed when I looked at 10Q for this company--they have one big chunk of assets that makes this company valuable up to about 55 million dollars.
They have a carryover loss of about 55 million dollars which they can carry on forever until they reduce it by profits. Baded on this the company will definetely be able to stay above 1 penny for a long time no matter what happens!
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