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JT97TJ

05/31/07 10:59 AM

#14909 RE: tim3458 #14908

Fire sale per the LII's. If Roger used his brain for good, it would explode.
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coin_in_fountain

05/31/07 11:33 AM

#14912 RE: tim3458 #14908

If the company was worth anything, Roger would hire an accountant and declare the results to the whole world. But no, he is now resorting to borrowing against any property he can, and trying to win a lawsuit. I seriously doubt if this company is worth very much right now, and even if there were still some significant assets, Roger is sure to mop up any remaining value.

Sometimes I wonder if driving this company down into the mud is really in Roger's best interst. It takes a lot of good effort to build up a company, but it doesn't take much work to destroy it. The path of the least resistance is always down. Maybe Roger has found some way to short this thing from overseas. That seems possible, given that every company Roger seems to touch falls apart.

Of course the possibility also exists that the company really does have some assets, and Roger is driving it down to one tenth of a cent so that he can scoop it all up cheap & liquidate. I think that possibility is the only thing still motivating buyers.

I've said it many times before: buying this stock is a gamble, not an investment. Not much different then buying a lottery ticket.