Replies to post #17005 on GeneSYS ID Inc fka GNID

[StockMedic1]

And what are we hearing in the 10K - FROM LAST YEAR, thats so bad? The way the company is forced to account for stock issuances making the panickers feel that they actually lost $4M? Thats the ONLY NEGATIVE thing, and its an accounting rule, thats the way I read it.

I also read how they are carefully controlling all conversions now, or is that negative too. The company only raised $400K in convertible debt last year, and already paid off almost half of it. Thats what I am reading.

Is it because last year was dedicated to restructuring and developing sales initiatives and not sales - exactly what the CEO said almost half the year last year? Did it not explain the whole purpose of the Oklahoma order, or did we miss that as well.

I read they are going straight to a $10M raise - what will anyone say when they get it? Oh, thats terrible, its bad? Don't be scared of numbers until you have a full digestion of the audited facts. Thats all.