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Re: stehvestor post# 25828

Monday, 07/11/2005 2:52:20 PM

Monday, July 11, 2005 2:52:20 PM

Post# of 341670
stehvestor, the thing that the investing public is looking at is how the management of the company is handling the finances of the company in my opinion, the 10K filing for FNEY/QTIG/MMXT clearly showed that management is busy stuffing their pockets using the proceeds from the sale of securities and being that Sunncomm is basically run by the same group of operators, its reasonable to assume that SCMI has been being run in the same fashion, that scares investors away for sure, I mean for instance, usually in a startup, the upper management, especially founders, are making a small or no salary with reasonable profit sharing, ie. most of their money comes on the back side when the company and its value has been established, the 10K shows the head guy scalping the company for a large salary and large stock compensation for producing next to no revenue, smart money sees that BS and runs.