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Re: BigE1960 post# 19795

Tuesday, 09/17/2013 5:06:24 PM

Tuesday, September 17, 2013 5:06:24 PM

Post# of 104445
Well said. And whether that article existed or not, anyone investing without reading the latest 10-Q/K is almost always going to take a loss. Otherwise it's just luck or purely based on a technical trading position.

The article in question simply summarized the 10-Q. The company does indeed need cash badly. In the absence of revenue, it will most likely dilute the existing shareholders very heavily. Shares are currency for extremely high-risk penny stocks like this one, that's business as usual.

Pretty much all there is to it.

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