Wait a minute. Wait a gd minute here.
As early as my freshman year of high school, I learned that in any persuasive argument, the burden of proof lies on the instigator to prove their point. Did you not learn this, too?
You're asking me to call the CEO, who is under no obligation to be honest with the investors on the phone, to find out if something that was filed with the SEC just over a month ago, 2-10-2006, is false?
It most certainly is not.
When a company files with the SEC, they are doing so because they have an interest in being honest. As MLXO is no longer filing with the SEC, the only conclusion one can come to is that they are not intending to be honest, or believe it is not in their best interest to do so.
Neither one of these cases is good for the average investor.
There are some good things to look forward to from Michelex, but all of them are worthless without this company filing regular quarterly reports with the SEC.
Now here's the real test. And I really, really, would like to see you answer this:
Which is more true: a PR saying MLXO has no debt and $5 million in cash, or an SEC quarterly saying they are $2 million in debt?
If you could answer that, I'd greatly appreciate it.