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10/05/09 2:25 PM

#29220 RE: corwatcher #29180

corwatcher: I'll certainly add my shares to the No list. They can ink a deal and do something positive for the existing shareholders for the first time in years or the company can finish circling the drain and force Varney, et.al. to seek other employment. This company has been nothing but a PIPE machine for years now. What did we hear? Oh, Stoll needs funds in the capital account so he can negotiate from strength and get COR a favorable deal. So he'd do a PIPE at depressed prices. Then on the other hand on those rare occasions when some positive news came out and the share price rose he'd do another PIPE and kill all the stock's momentum. Memo to Varney: You don't have enough cash to further this enterprise. Sell the whole enchilada to a better funded entity that can make some progress on something in your IP inventory for some indication. Doing a half-assed deal to just continue in this limbo of serial PIPES and extremely limited (if any) progress isn't doing us shareholders a damn bit of good. It's just prolonging our pain. Sell the company outright already. Then join the other 27 million American out of work.