I warned that this stock was over valued garbage in my very first post when the price was $3.40.
Apparently I am able to see into the future. Either that or I am just good at spotting obvious pump and dump scams.
------- Posted by: OriginalFred Date:7/8/2006 12:09:44 PM Post #16
179 million shares x $3.40 = $609 million market cap. Company had a loss of $817k on revenue of $6k last quarter.
I saw this being pumped in "Bob Carlson's Retirement Watch". This stock looks like grossly over valued money losing garbage to me. Their strategy is pretty much a pipe dream. They have no evidence that their system can penetrate the market.
What they claim to be doing is setting up a medical database. There is nothing special about that concept. It is probably much better suited to a large computer company like Oracle or IBM. Why would anyone trust some OTC BB company with their medical records? This company has only had its name since November 2005.