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ek1ip5e

02/17/10 12:24 PM

#32247 RE: NUPEY #32241

i dont wanna sound like a prick here, but you're talking about a company that you may own .0001 percent of and that only if you have spent 10's of thousands of dollars into this thing. you have no rights to have your demands answered here. infact if you expect anything more than the right to complain with no positive results, you're mental. this is a sub penny stock and as a result you just get to be along for the ride.
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Doubledown22

02/17/10 4:22 PM

#32278 RE: NUPEY #32241

I'm glad to see my comment has stirred up so much discussion about the "rights" and demands of shareholders etc... I compare that to the demands of a slot machine player or the demands of a blackjack player or craps player at the table. You have your $$, you place your bet and take your gamble (roll the dice, pull the handle, call or pass on new card).

EXCEPT gambling in pinks are even worse than games of chance as they aren't limited to the laws of odds and probabilities. There is manipulation, deceit, and other human and market forces affecting your gamble. It is the same with big boards although they are statistically a "safer" bet because of regulatory requirements for reporting certain pieces of information about them which in theory should affect the odds of the "the bet". Still a gamble...

Some perspective for folks so disappointed lately...
1)Does anyone expect Greg to file for Chapter 7 or 11 bankruptcy anytime soon?
2)Do folks think the business is currently growing or declining?
3)Is the business currently in a sector that will grow exponentially in the future? Will the demand be there for its products or products like its own?
4)Does the company have a unique niche or "moat" that separates it from other similar companies in the same industry"

Really consider these overall questions and think in the sense of the company and not just Greg's eccentric habits and activities.

Now ask those same questions for many of the blue chip companies that you can think of...especially #1.

We aren't paying blue chip prices so no blue chip transparency or "rights" or Fortune 100 CEOs come with a .001 priced stock.

perspective,

DD22