Jack, first in reference to your below comment about the last three months and the execs: Its not a matter of who the execs are but the integrity of the CEO sending out PR's and 8K's that are not true. Of course some will say well he was going to hire all those people and then decided none of them would be hired. A bit far fetched don't you think? I've read alot in the last 6 months, after the pump when the "past" was brought up a lot of people stated the past is the past, just wait till March 15th, 1 April and so on, yet nothing has happened and the past keeps repeating itself. The 10K speaks more volume than any PR will ever say. Now let's look at an anomaly I found this morning, first statement is from 8K second is from 10K:
8K dated 5 May 2011, with date of 29 April: "The parties have contributed an aggregate of Three Million Dollars ($3,000,000) to the Joint Venture, of which the Company has contributed five percent (5%) and CGC has contributed ninety-five percent (95%)."
Latest 10K: The parties have agreed to contribute an aggregate of Three Million Dollars ($3,000,000) to the First Joint Venture, of which the Company is committed to contribute five percent (5%) and CGC is committed to contribute ninety-five percent (95%).
The 8K stated that the funds were already paid, the 10K show's still to be paid. Nothing other than this on the 10K, so why in April did this 8k say they already paid?? An oversight?? I doubt it, look at what the pps was doing in April. Items like this is why the "exec" situation is so important, it goes to the heart of integrity. But now they have to come up with 150 thousand dollars for their 5 percent, no money, no financing?? Have a great weekend. And Dr Freeman is where??? Probably a good thing he is now concentrating on the MOPO products.
