InvestorsHub Logo
Followers 4
Posts 2173
Boards Moderated 0
Alias Born 09/23/2010

Re: bzone3 post# 56106

Sunday, 03/18/2012 3:49:27 PM

Sunday, March 18, 2012 3:49:27 PM

Post# of 60937
I believe the BOD worked actively to suppress the Patent so they could in some way steal its value from the shareholders. After more than a decade of this likely criminality, the Receiver has had exactly five weeks to try and sort things out. The Judge has charged him with getting the most money he can for the shareholders. If he doesn't, we'll know and will be able to raise some hell of our own. But for now we need to give him the months he needs to get rolling. Killing the stock was not unexpected and was done pretty quickly after he took over. For the stock to finally be worth less than, say, 20 cents a share, the company and its Patents would have to be sold for less than $35 million including payoffs for all valid debts and liabilities. Won't happen. Longs who bought at artificially high prices of dollars will most likely be left holding the bag. Those who have an average price per share in the single cents will come out ahead.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.