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Tuesday, February 28, 2012 7:02:31 PM
As with virtually every other pinkie, it will eventually trade realistically on losses and lack of cash. The price will fall below $1, then below 10 cents, then below 1 cent. During this period, more shares will be issued, financing will go from discounted, to toxic. Each quarter will bring new explanations for the losses and even more optimistic projections for "Next Quarter" and "Next Year".
It's a story as old as the OTC.
"The world is a dangerous place, not because of those who do evil, but because of those who look on and do nothing."
-- Albert Einstein
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