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Re: mshanley post# 13613

Wednesday, 10/03/2012 12:50:38 PM

Wednesday, October 03, 2012 12:50:38 PM

Post# of 18730
I have a very bad feeling that this deal was worked out from day one!! They got the loan to buy the shares and put them on their balance sheet to keep from going BK last year. As payment the loan company got to dilute the stock at a discount to market and sell millions of shares for a profit, and now they are taking their shares back just in time for the MASSIVE RUN UP!!

Trust me no one is that stupid to give up $2.5MM in stock for $800K!!! So basically this company is back on the BAnkruptcy path!! I predict they will file right before Christmas!!


Pathetic and SAD!!!! Go look at the website, they didn't even bother updating this latest news!! company has one foot in the grave and another on a banana peel!!

IT IS OVER!!