fogg - I was not involved with this company on 2006, so I do not know details of what transpired. Here is a good example though of why this was not an 'investment' but a 'bet' at that time. I can easily see how your parents could have been fooled into making a 'bet'. Things obviously changed and the company was able to hide behind their disclaimer (see below).
However, that is all history now, and my DD for the last 9 months shows great progress and indicates more potential than ever. JMHO and please see 'my' disclaimer below also. LOL
"This news release contains forward-looking statements regarding Mobilestream's business strategies and future plan of operations. Forward- looking statements involve known and unknown risks and uncertainties. The company's risk and uncertainties include: intense price competition, economic, political and regulatory uncertainties, the need to raise additional capital for growth and expansion. The forward-looking statements contained in this news release speak only as of the date hereof and Mobilestream disclaims any obligation to provide public updates, revisions or amendments to any forward- looking statements made herein to reflect changes in Mobilestream's expectations or future events."
-------------------------------------------------------------------------------- Do not take this post as a recommendation to buy or sell this security.
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