Replies to post #29840 on Zevotek, Inc. (ZVTK)

[mysticjinx]

I want to comment on that post.

Back when I wrote that, I went through the 10Q - and this is TRUE.

HOWEVER...I also know that there are other things that are going on:

1. Adam Engel can be paid ENTIRELY by STOCK - which means that stock can be used to pay his salary. This could be another $120K of dilution.

2. There are STOCK BONUSES, and Engel filed two options to take these bonuses. I don't know how much he took, or what is going on.

WHen I discovered this - and it was ALSO posted on this public forum - I started to do more investigating, including writing to Engel himself.

That is when things got real QUIET. "You will have to wait for the 10Q and judge for yourself."

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I am not saying that this is GOOD or BAD at this point.

I am just telling everyone to BE CAREFUL until we get this 10Q. It could just as easily be BAD NEWS as GOOD NEWS.

If it is BAD NEWS, it would be DEVASTATING. So I recommend putting in a stop sell EVERY DAY, just to be safe.

If it is good news, yes, ZVTK will probably go way way up.

But just be careful.

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I started trading on pennies sometime around September/October, and I lost probably close to $25k the first few months.

Today, I BROKE EVEN, so it is a big day for me (It is also my birthday, so it was a GREAT BIRTHDAY PRESENT).

However --- I got smart the last few months by BEING CAREFUL, learning to use stop sells to prevent huge losses, and FLIPPING stock for PROFIT, and not going LONG AND STRONG.

My advice to everyone is to BE CAREFUL, and wait for the 10Q. Protect your money with stop sells, and be on the alert so you can ride the train when it starts heading up.

I still own ZVTK stock, and I bought 12 bulbs TODAY, so I still am hopeful...but trust me, I am being VERY CAUTIOUS about this company at this point.

This is all my opinion, and you do as you wish. But if you are looking to me for guidance, this is what my advice is.

Good luck, everyone.