jcrom, to me, it's not really so much that you are trying to cast doubt on this company...but it's just that we've heard it all before...we really, really have...allie
FWIW: So, if anyone investing here, or in any other pink, isn't aware of the inherent risk of investing in pinks, then they shouldn't be here, and investing in any pinks or start ups...all in my opinion, of course.
There are some basic rules when investing in pinks or any start up company....
1. Be prepared to lose all of your investment or break even, if you're lucky...there are no guarantees.
2. Do extensive DD above and beyond the expected norm...that includes going to management and speaking/communicating with them personally. Also, research and get a complete understanding of the market for the company you're investing in.(If anyone is investing in any startup without doing that...good luck)
If you only looked at the stats, in order to make an investment decision, then you deserve what you get.
3. Ascertain the degree of risk you are personally willing to take, continue to do your own DD, and determine your exit strategy...whatever it may be, short or long term.
4. If everything goes wrong...refer back to rule #1...and remember, you knew the risks, don't whine about it.
5. If you make money...congratulate yourself for maintaining rule number 2 and never forgetting, the most important rule, number 1.