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Re: NASCOW post# 34063

Friday, 09/30/2011 11:02:52 AM

Friday, September 30, 2011 11:02:52 AM

Post# of 34412
I don't know if you can blame that on the investors. I think the issue is more with the company(s). Somewhere in there everyone was deceived as to the actual financial condition of the company (SKGO)and (Textraw).

I think the catalyst for the down hill spiral is when M*****R put a PR out there on SKGO that they needed to get serious money in their already reverse merger with Textraw. One would think that a merger with Textraw would be a cash flow and not a cash drain.

Too many of these pinkies twist the facts just enough so their stock will run and have no regard for their shareholders.

There needs to be more involvement by the Sec with these pinkies. They should make it much tougher for a pinkie to reverse split their stock and have rules in place that make it so.

Hopefully SKGO will not Reverse split and that they win their battle with Textraw. My gut feeling is Textraw is not the company everyone portrays it to be. I think they were/are in deep financial chaos and tried to con a company into financing all of its day to day operations. IMO
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