Saturday, July 09, 2011 11:51:55 PM
At this point I'm wondering if this is just dwindling to a shell company. Their website goes right to a godaddy page and their supply of products on Amazon is dwindling. In addition, there seem to be doubts as to weather the bags are truly biodegradable.
Combine all that with the 15-15D of a year ago, and I think we have a company that is going to sell off their existing stock of bags/batteries and eventually reemerge as another entity.
This might not be a bad entry for a stock with 100 million authorized and 65 million issued as of 2009. Of course, that depends on the current share structure and how far in the hole they are.
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