InvestorsHub Logo

PaperProphet

12/04/08 1:25 PM

#141 RE: mkinhaw #140

Yes. I sent an e-mail through Aida's website this morning to ask if they still were going to file on pinksheets. I've requested information before but never gotten a response. I'll post if I hear anything.

Statistically the stock of companies which stop filing tend to do very poorly, hence the massive drop in share price today. Aida's drop may or may not be justified. Hopefully they're being truthful with the financial reports and hopefully they're not going to rip off investors.

Obviously their financials are extremely out of line with the current stock price. At this price, the company could buy nearly all the outstanding shares with just what they earned last quarter. Of course they don't seem to be buying back shares either so that also probably says something.