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Re: None

Monday, 11/14/2011 7:08:05 PM

Monday, November 14, 2011 7:08:05 PM

Post# of 18730
LOL, the plot here thickens. I once poured over the COIN, now COIND finacials (for 2 years), and I never recall seeing preferred shares. Now I do, and if you remove them (remove the par value) the common stock holders equity is now minus 8 million dollars, and the assets, 80% of the assets is the price paid in shares for Terra (good will) which had ZERO sales the last 12 months, which means that 80% of the listed assets are bogus, nearly worthless!!!! So subtract the bogus assets and you have common equity of minus $20,000,000.00!!!!!! Gross profit was 10% of selling, general and administrative overhead (90% of which is the top four executives bloated salaries ripping off investors).

Where are the legal eagles, ambulance chasers when we need them? Time to sue the CEO!!!! This CEO, Ed, has NO SHAME!!!!!!!!

They lost 31 million dollars the first 9 months last year, and only 9 million the last 9 months, PROGRESS!!!!!! LMAO!!!!!

I stopped reading at page 10 of 74 of this nonsense. Caveat Emptor, buyer beware!!!!! Toxic fertilizer lies here! If you all are going to try and play bounces, and flip stuff on the way to ZERO, find something that does not smell or reek as much as this one. This one will be Chapter 7 liquidation soon! The clock is ticking.

http://files.shareholder.com/downloads/COIN/1508696633x0xS950123-11-98482/1366340/950123-11-98482.pdf


Ambition with out knowledge is like ship in dry dock. Going nowhere fast!