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Thursday, March 22, 2012 12:47:59 PM
too bad such companies these days have "google" against them, and anyone can pull up their history in a few minutes, and decide for themselves, which doesn't mean that BAD will always remain bad by definition
but what are the odds of a company scamming (or lets more objectively call it "failing at their original plan") 4 times in 5 years or so, suddenly to be "the real" deal on their next attempt ?
will have to be a very convincing plan to
a) stop people who have been stuck here over a year from selling at 0.0001 on first opportunity
b) be able to absord such a humongous share count
c) somehow have financing in place which does not completely wipe out entirely the current shareholders by way of a R/S or toxic financing
and now back to sleep :) have a nice day all.
There is no such things as a "free lunch", especially with the economy still being in a recession and people thinking twice about throwing their money at speculative plays.
But if this name change (which hasnt even been PRed or advertised anymore for a month now, since its amendment date) happens, it will indeed be interesting to see another chapter in this company's history.
How likely is it that a pink can acquire oil fields, while oil is currently a $$$ machine.
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