Yes HoMo_do, I ear your PAIN. As you informed us, that bad boy has dislodged quite few $$$ from your pocket. Is your wife still holding that night shift cleaning job? She will need it for a long time to come...! Good for you that your partner greatasshole still "backs" you UP...
-By: HoMo_do
24 May 2002, 11:26 AM EDT Msg. 39323 of 43777
(Msg. is a reply to 39322 by 5ocean.)
"what will really kill ya is that i picked up 50k more at .14 - true story. Soon you guys can call me instead of tim.
Did you "AVERAGE DOWN" this morning? BUY, BUUUY, BUUUUUUUUUUUY!!
Should have listened to your own rantings, remember?
"I am concerned about the company not revealing all the details that it is required to reveal. Needless to say I have experienced many of these companies that keep churning out fantastic PRs that ultimately prove false at best and fraudulent at worst. Unfortunately by then it is to late for the small investor.
gg has done a great job trying to mislead you newbies. The total of his information and misinformation is tinted with excuses...excuses we can do this, excuses we can do that, excuses we can't give you the numbers on the shares outstanding, excuses we can give you the float. Folks this is called stonewalling. Ameritrade data lists the outstanding shares at a little over 60M. Should they, or do they, and others have a responsibility to ensure accurate information in their data.
I have a recommendation. One of our more market educated members write a letter to SEC addressing our concerns, post it, then it would be up to each of us if we elect, to submit a letter of complaint to SEC on BSTI, TM, and its transfer agent. I will do this on my own if nothing else. If I am going to lose my investment, I would rather lose it with my eyes wide open then to be defrauded out of it through actions of the company. There is entirely too much of that happening with the big boys and there is absolutely nothing to prevent the little boys from doing it. Actually, it is easier for the little guys to do it because of lackadasical oversight and poor reporting requirements.
We of course bear the ultimate responsibility for buying into the situation than energizing ourselves with positive feelings and expections (greed by another term) until the snowball has gained so much momentum that it becomes unstopable. In fact there may be little reason for the optimism since there is no visible indication that the PRs are reflective of actual potential. The truth be told there is absolutely no reason to believe that any of this will ever bear out. The forwarding looking disclaimer is large enough for one of our great country's largest aircraft carrier to easily slip through with plenty of room to spare. And of course when the good Dr. is asked about the time table, he always brings out his million excuses as to why some PR announced event has not happened or failed to occur.
I can not believe that BSTI is not aware at the time a PR is issued that the event is so highly speculative, misleading, or futuristic that it ought not be released. If information filed with the SEC leaves people on this board bewildered as to what BSTI meant even after multiple clarification calls to TM and Dr. then we should perhaps pitch the PRs without even reading them. Could this be an attempt to benefit insiders, even if only a few, and friends of insiders to sell on the upswing the PRs creat? Hey, there is no bashing intended here or really needed. When a significant number of investors take notice that of 10 extremely positive PRs have failed to move the stock upwards as many of us believe should have happened, selling will occur driving the price down. The same group of individuals will then load up again and wait for the upswell of emotion generated by the next PR and with it a selling opportunity. I am afraid that a perpetual motion machine has been created and there is nothing by way of contracts to break this machine's back. "
You were SO close...
It only gets "WORSE"
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