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Re: lukin4winners post# 1559

Tuesday, 05/15/2012 9:42:59 AM

Tuesday, May 15, 2012 9:42:59 AM

Post# of 1662
A few points from something I found yesterday:

"It seems that it's only promotions that could pump up CETH right now as any recent news on the company is presently missing.

In March, the company filed its unaudited annual results for the period ended December 31, 2011. Though, they were disappointing.

According to the report, cash and cash equivalents totaled zero, net loss pointed $(.01) per share, and retained deficit remained over $22 million.

Judging by these numbers, obviously Convergence is not in its best shape and no one can predict if and when it's going to get profitable."

Not mine so no need to kill the messenger.

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