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Andersonisaconman

08/06/08 12:22 PM

#6 RE: Andersonisaconman #5

Total current assets- $463,000
TOTAL LIABILITIES - $2,422,000

Thats NEGATIVE tangible net worth.

With 40,467,611 shares outstanding, even after the 1 for 25 reverse split, that comes out to a value of NEGATIVE 4.84 CENTS PER SHARE at 12/31.

Since then, Im sure their losses have continued and their sharecount has increased.

This company has a marketcap of $36.42 million and its nothing but a MONEY LOSING SCAM !