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dndneph

09/16/10 2:04 PM

#9674 RE: vikingzskillz #9672

Positives are great company doing great things, probably moving into Biotech (speculation) based on previous releases in the Spring. Negative was a reverse split that was voted down last year. It got to .0024 before that happened. Now they have announced restructure agreement with major debto holders (which is unbelievably positive for this company) and there is more news coming according to co. Good luck. I think its worth more than .01
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iblong2

09/16/10 2:25 PM

#9678 RE: vikingzskillz #9672

The positive is that the company has done great things for the disabled, their magazine and community service work is great.

The negative is everything. They keep losing money and got into bed with the scumbags at NIR group and ever since their has been constant dilution. Worst of all they are bold face liars and for the past have not accomplished anything for their shareholders.

Now it looks like they will restructure their debt and give the scumbag NIR debt holders a non-dilution clause (my guess) and give themselves controlling voting rights. The only reason they did not get the reverse they desired last year was because they diluted so much that they lost their majority interest even with their 1:277 conversion rights. Now they are asking shareholders to give them more shares so they can do a back door reverse sometime down the road.

So go ahead and play this BS for what it is worth, but when it comes to voting your shares, do not give the company the ability to screw you with a reverse down the road.