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gregg99

06/23/07 11:53 PM

#47008 RE: stingray2 #47000

Even if you've managed to get your price average down to .008 your stuck with a pink sheet stock that has to hit $9.00 a share to break even on a trade.

As for the AMEX, they still can't give a definitive answer to what is happening with their relationship with MMXT, amongst other things.their big move with that company was getting it delisted, it trades lower today then when it was fan energy, and is actually in worse shape since they took it over than it was as a reporting shell.

At best this stock had a product that was viable but the management was running the company so poorly that an opportunity with a company like BMG could only get the S/P to .09 a share.I doubt Peter has any intentions other than doing what he has been doing for 4 years that I know of, running a crock by shareholders and duping them with false statements involving dividends, mergers, etc.Ever hearof Micheal Zwebner and a company called UCSY ? They sell air water machines, LOL,amongst other things. This is the closest second to UCSY I've ever seen.