InvestorsHub Logo
Followers 96
Posts 6060
Boards Moderated 0
Alias Born 04/01/2000

Re: xr_biotech_consult post# 3605

Thursday, 07/12/2012 1:04:05 PM

Thursday, July 12, 2012 1:04:05 PM

Post# of 23589
"from going concern - The Company has no revenue. The Company’s future success is primarily dependent management's ability to raise new capital and handle the existing convertible dentures in the company. The company is dependent upon its ability
to raise sufficient capital to fund its rework and exploration programs and, to exploit the discovery on a timely and
cost-effective basis."

Hmmm....sounds like a penny stock company to me! Why not go to ND? Well, let's be realistic here - the co. is in Texas but more so if they had all that $ to spare to go up there and have a full crew and equipment, well, then they probably would't be a penny stock and we'd all be buying its shares at $15.