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Re: wise_investor post# 917

Saturday, 08/27/2005 1:21:07 PM

Saturday, August 27, 2005 1:21:07 PM

Post# of 42598
At these fractional of a penny levels, it is insignificant to try to bid to buy stock on the bid or in between. An investment here is the equivalent of placing a bet on a crap table on a proposition bet. you will either win or lose all your money but the risk reward ratio is outstanding. I have now accumulated 5 million shares with the hope that the company and management is real. The danger is that there will be a substantial reverse split to get the company to a creible price. It is usually smarter to buy after the price drops when the split takes effect but since I am on a hot streak and can afford to take this as a total loss I feel why not go for it. If the company gets current eith ts sec filings and moves to the bulletin board, we can see a nice move. I think JM really cares fr the company and is a legitimate person. Time will tell.