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Re: Slojab post# 1576

Wednesday, 01/18/2012 6:41:42 PM

Wednesday, January 18, 2012 6:41:42 PM

Post# of 7331
I don't know that it will NEVER hit 10 cents again, but Slo is exactly right in that if they cannot produce anything concrete, the SP will continue to slip down. If this is handled the way UTRM was handled, it will dwindle down to a virtually nobid situation also.

I believe it may never trade above .10 again. Obviously, being a pink, the odds are against me.

But there's no justification for a mc of $15,000,000.

It's only that high because of the SS Spinelli created when he took over the shell. So, it's totally artificial.

Untils something changes here, the current environment will cause the sp to continue eroding to where it should be.


Disclaimer: Always do your own due diligence before investing. Everything stated above is my own opinion and should NOT be interpreted as a buy or sell recommendation.

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