Replies to post #11806 on Michelex Corp (fka MLXO)

[VST7]

I flip the hell out of this thing as often as possible trying to recover the cash my family lost on this thing when they bought in when the O/S was approx 70 MIL, and the CEO Promised to drop the A/S to 200 MIL, and Promised to Return to the OTCBB by Sept. 2006, when the PPS was .06-.07 and when he also promised us "NO DILUTION" while 16 Million shares got dumped on us from Aug. 2006 thru Dec. 2006 and cut everyones equity by 50-60%. Then in Jan-thru May of 2007 Cornell wreaked havoc on us, and the CEO Never so much as warned anyone, and Cornell took us down to the .01-.02, and it's been a trainwreck ever since. Not one single promise was ever fulfilled by the current CEO. NOT ONE! I know people that lost over 100-200K on this Debacle.