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Friday, 05/20/2005 11:19:35 PM

Friday, May 20, 2005 11:19:35 PM

Post# of 35926
Well it's not looking good for the 10K we have been waiting for, but if MLXO goes pink, Tom G. said it wouldn't be for long, he said today that they have pushed the accounting firm as much as they can, but they have to file complete statements. He said, if they do go Pink it won't be for long, they will be back in reporting status as fast as they can, They are reorganizing and have some good news to put out, according to Tom G. For those of you that think this will tank if it goes pink, it will be from those shareholders that bail and will give Cornell an even better price to cover at. If it drops more, I am adding more because once they get reorganized, this puppy will fly. I asked Tom G. if he could give me a time line for the company to get out of the hole Cornell created for them, he said 4-6 weeks they should be back on top of things. He said Cornell created a real mess for them, mainly because they were counting on Cornell for financing, but when they found out what Cornell was doing to their stock there was no way they were going to use their funds and get caught in the web of Toxic Death spiral financing, gotta give him credit for breaking away from that crap. My opinion, short-term the PPS may dip some "MAYBE"? It might just keep going sideways also, depending on how many people bail, but Long-term this is a definite Money Maker.
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