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Re: jim1234 post# 360

Sunday, 04/01/2012 5:24:27 PM

Sunday, April 01, 2012 5:24:27 PM

Post# of 393
Because some groups openly claim they control large blocks. If you read the filing they have continous loss and raising money selling shares. Some are touting its going to 10 cents, 1 dollar or $5. Clearly not. You can trade it but people who bought it at pennys and sub-pennnies are pumping it. If you try to point out they only have 6K in the bank did 3 Reverse splits and recently diluted your post get deleted etc. What i am saying it is okay to trade it for short term(using charts). Don't fall for the hype that its going to dimes and dollars. Fundamentals are not showing any indication. They have almost 7 million of deficit (cumulative). Insiders and High flier group who control large block will just dump it when its convinient. They may have a product but so does all business. Main thing one should looks at when holding long-term is if they have been profitable in past or do they have any competitve advantage. What makes you think they will make profits going forward with ths same product they have not been profitable so far? Bcause endoscopic market has almost few hundrend competitors with better product. If this goes to dollar then thats a market cap of 400million+ . Plis all these financials are un-audited. Just take everything with grain of salt.

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