Friday, November 16, 2012 4:36:48 PM
As far as my personal expectations go, I don't believe that is relevant, but overall expectations of the investing public is. I expected much more bs and along the lines of the normal bs pinky filing (ie: total irresponsible and erroneous pink sheet garbage). They in fact did state and express some hard negatives which I will give them that.
The discussion was only the agreement of your statement of "distressed company". They are a very small company with the owner or management in a very "distressed" situation. The shell current debt and the economic disaster that has caught so many small business and property owners (here we have both) is giving this ticker and business real bad odds in pulling out of it.
The public filing is setting up not so much for a small start-up business to grow and succeed by public money, but more to set up to save owners/insiders from going into financial ruin. The difference between what is owed (taxes, finance, mortgage, code enforcement, etc) are greatly outweighing the future income that a small flooring company in a stalling or very slow growth economy will provide.
This shell or share structure will need to do it's dirty deeds and any short term trading will have to gain more volume and interest to accommodate. Any traders or so called "investors" will have to address this stock with very low "expectations" and very high risk factor.
DON'T FEED THE CLOWNS
THE REAL DTCC DISCUSSION
http://investorshub.advfn.com/boards/board.
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