I hope your right as I am down 90-95% on the shares I bought went I was singing the same tune and buying here, along with friends and family, but there has been a snake in the grass in the back rooms playing games with the debt they created to buy up other firms, that was converted to more shares and dumped in promos, and one hell of a lot more that came from if they keep doing it. Oh and don't forget the R/S.
It's like one insider group is killing the stock price to buy up the new retail shares at fire sales prices months after the dumps. and using the 98% of the OS they own to hold the stock down,
This news should have doubled the price in one day, instead someone is selling into the bid, a sign of dumping again.
Like I said I hope they plan to let it run finally, but after 4 years and looking at the 8 year trend I see no reason they would let it run. They had a profitable quarter 1-2 years ago and stock fell even then.
When do the warrants expire and what is their exercise price? Who sold them to retail instead of holding them after the private placement that created them?
IF they turn profitable that is great, but only if the preffered share debt is not liquidated by the holders to pay off the debt they have that was used to create the company.
But like I said, other than past screwing retail has gotten, this could be a screamer on the way up some day.
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