News Focus
News Focus
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Ragz

12/30/06 7:23 PM

#231374 RE: S.A.G. #231370

Correction 450
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lucky, mydog

12/30/06 7:23 PM

#231375 RE: S.A.G. #231370

wells notice?
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bikerider99

12/30/06 7:28 PM

#231378 RE: S.A.G. #231370

air, i did not mean to say the company makes no money. they do, as per what you posted here some 1-1.2mil month which is not bad for a family business. what i meant to say is that being in business for over 20 years does not necessary mean the company is undervalued as you posted.
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janniebgood

12/30/06 7:31 PM

#231384 RE: S.A.G. #231370

So with 300 commercial accounts and a claimed near $16 mil after tax profit last year, why did they have to sell 100 mil shares of stock to get $12 mil to retire debt, pay off liens, etc., especially when they had much earlier represented that the company was debt free? Also, what was the value and substance of the assets which were transferred from the ME to the "state of Nevada" and why weren't those used to retire debt instead of diluting the shares for that purpose? Did those assets go into the corporation in which we hold stock? Would you please ask Petar those questions if you speak with him again soon?

Thanks, Airys.
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Risicare

12/30/06 7:52 PM

#231403 RE: S.A.G. #231370

How many business men do you know would deal with a company with a track record like sljb? Fraud allegations, OSC investigation, a quick internet search would tell me to run far far away. You can bet they are on a steep down slope.

PS. 300 commercial accounts, more lies from petar i bet. If you still trust what he says you need some serious help, and well i have bridge for sale, its in Brooklyn and i will give you a special price LOL