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g-invest

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g-invest

Re: lakers17 post# 2431

Monday, 10/10/2005 9:41:55 AM

Monday, October 10, 2005 9:41:55 AM

Post# of 35926
If MLXO hasn't been diluting the stock, there's no reason why this one can't run back up to .20. Their biggest recurring expense was a loan payment that is due up here in November. If they haven't been diluting the stock to pay for the loan, then you're about to see a company that could be making some serious profits soon. I don't know how they financed it, but it'd be interesting to find out. Maybe they sold equipment or did some layoffs.

Toxic Financing in Penny Stocks:
http://yorn.wordpress.com/2006/03/08/toxic-financing-in-penny-stocks/

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