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Re: XenaLives post# 17124

Wednesday, 09/21/2011 10:26:48 AM

Wednesday, September 21, 2011 10:26:48 AM

Post# of 56720
"Deep pocket investors" start with the company's financial information.
$11k in sales over a decade, $0 in the last 4 years.
Over $1 million in net liabilities
Only other employees except CEO and wife seem to be gone
Massive dilution over last few years
CEO and wife provided enough shares to maintain majority control over common even while having a significant portion of their shares bought back by the company.

I suspect they never got beyond those public filings.

Those who cannot learn from history are doomed to repeat it.
GEORGE SANTAYANA

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