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runncoach

08/15/08 6:35 AM

#202 RE: investorx2 #201

Those connections
Well they won't pay off any time soon even if they are real which I have some doubts IMO. They are aleady up to close to 160 million shares with the a/s limit of 200. They are losing money. We'll see how much very soon. My guess is they'll have to R/S this thing at some point. By early next year would be my guess, maybe sooner. There are millions of "free trading" shares out there that could really keep a damper on future share price appreciation as well. If you couple the paid for "reports" and company projections with the sordid past of some of the management, I don't have high hopes for these guys. At current prices, I certainly wouldn't sell but not sure any "big" pay day will ever happen. Maybe it hits a buck again one day. I was here at 2.50 screaming for folks to sell while they had the chance. Well its been a long 10 months for them. I'll post any thoughts after their earnings are filed.