Mesa Home Resources Inc (MHRE)

[doughboy2]

I am happy to debate the pros and cons of this company.

I have not, nor will I buy shares of this company.

Let's stick to the facts and speculation concerning this "company".

Facts:

Website sampling does not work.
Pricing of website is higher then the major sites.
CDW's have been done in the past but hasn't been one since August.
Float has increased dramatically through the conversions.
CDW's will increase with future conversions due in excess of 200m shares unless revs can pay DW holder.
No revs to speak of.
A/S raised to 1 billion.
More debt accruing on their books.
New logo is PR worthy.

Speculation on my part:

They do not have the license to stream the samples.
Their site is merely a front to accrue debt, wrap that debt, then convert that debt.
If someone buys an album from them, they process the order from another site and pocket the difference.
Revs will not cover the current CDW holder and will be converted thus increasing the float.
Accruing debt will be wrapped anew.
This will continue until close to a billion shares are in the float.
Reverse split will take place.
Maybe after R/S this reaches a penny.
Any "news" might be the signal the past due conversion is taking place.