Cobalis Corp. (fka CLSC)

[baramu]

I guess you are free to come on here and make statements prefaced with things like "word on the street" all you want. But you must live on a lonely street. Because you're the only one with those words. I truly hope you are correct and wish it to be true. But think about it. If CS was going to drop another $8MM into this, that would completely pay off the YA debt. There would be no reason to go to court. He would pay it, they would file for relief from CH 11 on the grounds that had paid off the debt, and they would use the rest of the money (~3MM I think) to start executing on all of the promises from the past. YA would be wasting its one time and money trying to push for Ch 7 knowing they would lose.

Of course we would all own far fewer shares, because such an investment would certainly dilute the heck out of our shares. But I think we would all take it in a heart beat. Fewer shares of something is better than more shares of zero.

Fee free to pump all you want, but please use logic when doing so, Chas, I mean Carmine.