Thursday, February 24, 2011 2:51:32 PM
The problem with your theory is that you are looking at this stock like a blue chip or NASDAQ traded stock which has; integrity, a low float and a reasonably attractive outstanding share count.
In other words, a normally traded stock with investors who aren't timid to invest for mid to long term growth possibility.
This stock has ONLY one thing going for it. It's not going to jump on revenues because of the lack of consistent FD.
It is a just manipulated sub penny stock that is begging to be traded by investors, but is being cellar boxed IMO to prevent YA Global from reaching a price of forced conversion!
YA Global will most likely convert only when Meller pays off the debt!
What I'm a little concerned about now is the fact that Meller is now loaning US the shareholders of this Holding company in installments which only lead to a more uncertain level indebtedness.
Also this so called loan is received with no equitable terms or equal protection to the shareholders.
Would it not be more intelligent and FAIR of Meller to give TREY a one time loan to completely pay off the CD financing and get YA out of the way?
I'm suspicious of this monthly milking?
It leads to market uncertainty!
Discretionary lending (by an insider) with no one to represent the other side is very scary to me.
All we have to go on is the word of this guy with no representation. The reason I don't trust him..?
For the last 4 years or so ( since they tanked the stock) this stock has sat like an 8 ton stone for the majority of that period.
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