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Re: qtipjoe post# 10876

Tuesday, 04/09/2013 12:47:42 PM

Tuesday, April 09, 2013 12:47:42 PM

Post# of 20680
not releasing financials to potential investors is either a mistake by this company or a specific plan not to discourage potential stock purchasers (private creditors). Value of this stock cannot go up unless more stock is made available, ie secondary offering (dilution) or privatization with specific creditors. The only reason not to get the financials out to the public and on time (already late) is because they contain very bad news. You notice a lot of so called positive PR's being put out, yet companies never report bad news. Delay more than likely because of ongoing negotiations moving forward. If memory serves me correctly the last years vote also included approval to authorize more stock without another vote by the current shareholders. SHould be announced shortly before their annual meeting, if they hold one. Any way you look at it it is not positive. Good luck though, as all the money you have tied up in this could have garnered you 10 percent in the last three months, then you could have repurchased so many more shares. Oh that's right you can't sell because no one is buying.

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