Sunday, January 08, 2012 9:16:12 AM
The shell, IMO, is not a clean shell as the SEC still has unanswered questions about the filings.
As for Golden State, they already made a ton of money off this one shorting it so I imagine they will do the same thing again once a reverse split is in place...
Flipping this one is the only way to make anything off of it, so your approach is reasonable... Good luck..
Wick(w50)
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