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k9narc

07/20/08 12:07 PM

#77404 RE: tonysib #77403

Not really................Most who owned SMMW/PRRM bought in at .0001 and there never was a spot to average down. When new ownership took over, the RS happened and the dilution started again.

If you had invested in SMMW and bought 10m shares ($1000), you now have aprox 1200 shares of XMDC worth 96 cents. If you've been buying more XMDC shares to average down....your losses are greater.

I'd call this a typical pinkie, but most pinks run and give the stucks a chance to get out with some money. This one never has had a decent run with volume as management always seems to dilute into news.

All IMHO based on the available facts.