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Re: yipster post# 26822

Tuesday, 07/09/2013 11:36:51 PM

Tuesday, July 09, 2013 11:36:51 PM

Post# of 38473
I see the same PR's you see.
I read the direction they want investors to believe they're headed.
Trust me, they've issued more than a handful of well crafted PR's that have had me wonder if there were a possibility here for some nice gains on an investment.

The problems isn't with their PR's, it's with their SEC filings and even on their own web page. They tell investors in black and white (paraphrasing here): We do not make enough revenue to fund operations. Capital for operations shall be received by share and debt issuance.

You mention your initial price of $0.0035 and having the opportunity to deploy more capital to substantially lower your cost average towards what seems to be a tenable recovery cost. The price was at $0.0035 about a month ago. Since then, there have been nearly a half dozen really positive PR's yet the PPS has seemingly fallen every day. The exception of course would be the pop from $0.0020 to $0.0026 a week ago.
Did you sell into that pop?

You mention if the shares drop to or below $0.0018 you'll buy more but it seems at the rate of share creation it's not only inevitable that the shares will hit $0.0018 but also fall below that price. The shares will fall because they're continuing to create shares to fund operations and pay off existing debt. It's just like this... You bought at $0.0035 and the price has fallen and when you buy again at $0.0018 or lower the PPS will still keep falling because THE CAUSE of the fall remains.

It seems there is only one PR or SEC filing that I might want to wait for... And that's the one that says they've no debt and have finally surpassed revenue/cost of revenue parity.

Thanks for your feedback.

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