Friday, March 04, 2011 3:40:24 PM
I don't like what I see reading the last 10K...
"You Could be Diluted from the Issuance of Additional Common and Preferred Stock. The Company is authorized to issue up to 150,000,000 shares of common stock and 5,000,000 shares of preferred stock. To the extent of such authorization, our board of directors will have the ability, without seeking shareholder approval, to issue additional shares of common stock in the future for such consideration as the board may consider sufficient. The issuance of additional common stock in the future may reduce your proportionate ownership and voting power. "
Smells like dilution to me
no capital... little income... just another pennystock company that will prob go BK within 2 years like 98% of them
Sorry
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