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Re: escape81 post# 7546

Saturday, 12/10/2011 6:27:14 PM

Saturday, December 10, 2011 6:27:14 PM

Post# of 8034
escape81 my old friend, you are too generous. There isn't a management team. Shannon bailed out and Tammy is AWOL. There is virtually 0 volume in dollar terms indicating there is no institutional or retail investor interest. In regards to Larry attracting big investors; there is no financial data that would interest any diligent investor. The income projections, progress timelines and partnerships announced over a year ago vaporized.
Larry mentioned that he tapped his family for investments, and he is probably still getting coal in his Xmas stockings from them. I don't see how anybody else could be persuaded to invest in light of his failure to come through with any projection or promise.
The only insider activity has been Larry and Tammy selling. Sure they have not been increasing the float of outstanding shares. That would send the shares to .0001 and not generate enough money to make a SUV payment for Tammy. My personal cynical scenario is that Larry's silence about his utter failure keeps us bagholders from selling. So the company still exists with a record of prior PR's full of hope and good news. This makes for good print on Larry's resume.
Yes, I am full of sour grapes.

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