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Re: None

Wednesday, 09/05/2012 11:04:49 AM

Wednesday, September 05, 2012 11:04:49 AM

Post# of 7345
This PR was nothing but an answer to people wanting to hear something from the company. What it did was what I said all along, that the forecasts were nothing but extremely optimistic forecasts based on a lot of assumptions including adequate funding to even launch the website. Mylottoclicks isn't even close to getting launched and might never get launched as the company has no funds to get it to that stage and as per the PR:

"The statements referencing any future financial projections and pro-formas were strictly speculative and should not be relied upon by investors as having any degree of likelihood of occurrence."

As far as any new assets the company is looking to acquire, unless they have capital the company can use to operate and produce revenue, it will just be another acquisition that will go nowhere. From what I can see, what the company needs is funding to turn the assets it is acquiring into a revenue producing company. Until it has revenue, the pps will stay where it is, going up and down but generally settling at the 1 to 2 pennies per share.