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pisavsopbp622

11/13/09 12:05 AM

#2783 RE: brian1980 #2781

"Continuation of the Company as a going concern is dependent upon obtaining additional capital"

if you ever took the time to call the company, which I know you haven't, you would know that Ed has been rather successful in obtaining additional capital.

Furthermore, and I'm sure you don't know this, the restricted shares @ .10 are just about gone, which means next up are either the .15's or .20's (I have to double check the filings) which means that more money will come in as people start to realize they can get shares at soon to be a 50-100% discount to market, I did the same thing when i bought my .10's earlier this week, as did at least 2 others, better get em while you can... they're going fast.
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Eli's Gone

11/13/09 12:14 AM

#2790 RE: brian1980 #2781

Standard boiler plate going concern language and a management/accounting obligation to disclose under the present revenue/asset vs debt situation...the preparer would be remiss not to include these concerns under the present scenario...

if this is the first time you have seen a statement like this in a financial, then this is probably the first financials you have read...the risk statement for Bristo-Myers Squibb is longer than our report and they trade at 23 bucks..

GLTU