Redwood Scientific Technologies Inc (RSCI)

[gnosis]

i agree. debt is going away for sure. 2 million dollar balance sheet improvement. nothing to sneeze at! as for the speculation that they will get damages passed along from the forfeiture - is it even certain that the Levy's had significant unhidden assets to seize? even if they did, and even if the SEC as inclined to pay them out, there were other levy victims (dissolved companies i believe, but still the stockholders were victims) and current shareholders are not victimms of the levys, shareholders of the day are.

i would love to see damages, and i think there is a slim chance, but by getting people's hopes up about that you are accomplishing very little about the PPS in teh short term (stopping selling, but clearly not inducing big buying pressure) and if people are once again disappointed by the rosy projections of board members here, there may be another avalanche of selling. this may take more patience than any of us would like to think, but the CEO has a day job and the company can perhaps hang in there until they finally close a sale, or if nothing else, a competitor proves their own product and takes over this company just for the share structure and the recognized brand in the market. i sure am not gonna sell this for .003 or whatever. there is still upside potential even for a reasonable pessimist, and the downside, from my point of view, is not so huge.