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Re: Zorch305 post# 9901

Wednesday, 06/05/2013 7:04:59 AM

Wednesday, June 05, 2013 7:04:59 AM

Post# of 55135
My questions are simple, what is the objective basis for a positive opinion on this stock? Isnt it dangerous for someone to promote a stock (a) with no revenue except $25 (b) no cash (c) track record of press releases announcing business initiatives that never happen (d) financial statements that claim to be GAAP but are not (e) issuance of millions of shares to acquire a "mortgage lead business" that to date hasnt generated $1 in revenue(f) no bid price for stock. This isnt a question of one opinion or the other, but of some semblance of reality in due diligence on a stock even a speculative one.

Or as I asked, could someone please explain to me what is the purpose of repeatedly being positive on a stock for years without any support for that opinion ? Am I missing something ? What purpose is served by someone being positive or negative on a stock without giving any reasons ?

How on earth absent receiving inside information would you know for sure they are receiving funding ? Does CEO take shareholder calls then release non-public information? Is it right to promote a stock with no track record and no bid price to unsuspecting investors? If CEO cant even prepare proper financial statements what leads you to beieve he has the skills to execute on a $500 million deal ?

Does he really have an MBA ? Cant seem to track down where he got it from.