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Manta Ray

04/23/07 3:41 PM

#4213 RE: look1 #4211

same here.

PaperProphet

04/24/07 12:04 PM

#4215 RE: look1 #4211

Re:<Bumble still holding and adding.>

No offense but that's exactly why the company will never run out of money. It doesn't matter if it's $0.30, $0.15, $0.10, $0.04, $0.02, $0.01, $0.002 or $0.0002. It's always cheap to someone and as long as shareholders are on the subscription program for buying shares, the company can keep pumping out shares for money without ever delivering anything. I felt bad for anyone who actually believed in the company but I get the impression there aren't any people like that left.

I would think at some point people would start to think, "Hey, every time I buy, the company dilutes the hell out of the shares. My odds are going to be better elsewhere." But so far that's not happening.

Keep in mind that any percieved value of this company is literally diluted down to 50% of its value every year--the company steadily doubles its shares yearly. At a return rate of -50%/year, people are paying a hefty price waiting for the company to pump.