Tuesday, December 27, 2011 11:58:21 PM
Very few penny stocks out there are generating millions in revenue like MYFT
Childress stated he has no desire to promote the stock, he must think fundamentals will take over. Unscrupulous management could easily pump out meaningless PR's LOI's etc. I think for now it is a good thing management is staying low key, no sense of desperation. But it is agreed investors who own this presently are not happy with PPS. But perception can change quickly IMO.
Key points to recognize a financial institution loaned the company over 2.4 mil. The technology is valued at 6 mil to be amortized for 15 years. If there was no value to the technology, no loan.
IMO the total picture is not clear, and won't be until the audit is complete. Its my opinion that delayed deals going forward.
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