Post 1360 10/21/06. EiK says "They are working hard to have the financials and the audit completed in order to file with the SEC for the listing change before the end of the year." I don't really care about the previous managements false promises at this time, I care what current management says.
First, are you saying that the former insider was pumping and dumping? Could this perhaps be the reason why the company doesn't want to release any "fluff" PR's?
Second, why would anyone that knows tha potential of this stock 'dump" shares? -- particularly a (former) insider.
That may well be the case for the 2006 listing claim. But a claim of up-listing within a time frame of 6 months was made as recently as Dec 06 by the former CEO, who is still an officer and serious insider. Your inference that the lack of follow-through was the result of a now-gone bad egg is simply not true. In addition to the lack of public financial disclosure, this company has a credibility problem based on unfulfilled claims/intentions. A move to the OTC would go a long way in helping fix that issue.
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