InvestorsHub Logo
icon url

$Money Bags$

01/16/10 11:15 PM

#60542 RE: purplemountain #60540

No big deal, the lawyers didn't do it pro-bono and are fulfilling their obligations by rectifying the situation. This doesn't fall on MB, hence his casual response. It doesn't leave me unsettled at all, just business as usual. If any joe could write a 900 page application we wouldn't even have to use lawyers!
icon url

kendanzig

01/17/10 5:08 AM

#60544 RE: purplemountain #60540

It was my belief that these signatures and the fee came after the application was accepted. Looks like they need confirmation from the city that these items need to be accomplished as if the project is moving forward, which is a good sign to me.But I do appreciate Mike's comments on his blog explaining that it is being corrected and that it is minor. Can you imagine if we hadn't heard anything from him. This is a good sign he cares about the share holders and I for one appreciate his honest communication with us. No doubt this stock will probably drop a little come Tuesday because so many people have been burned on penny stocks before but I don't look at it this way. I believe this is a real company that needs time to grow. In other words patience.