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infamous

12/17/10 10:54 AM

#56486 RE: jibberjabber #56482

I guarantee you that the exe's of this company are in another country right now having already sold out for millions, just reading this board and laughing. Happens time and time again in these scam plays.
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dale45

12/17/10 10:55 AM

#56488 RE: jibberjabber #56482

I doubt this stock after 10 days will open again at all its a scam and will permanently be halted.
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LonJandis

12/17/10 10:56 AM

#56493 RE: jibberjabber #56482

The chances of the $2.50 buyout offer being legitimate are equal to the chances that Santa Claus is visiting my house on December 25th. By the way, I'm a Jew.

Sorry buddy, the PPS was driven to less than 5% of the buyout offer. This does not happen, ever, if the offer is legitimate.

IMO, this won't "open up" again, and if it does, it will be a long time from now. Any "longs" who stil hold shares have no choice but to hold now as the stock is no longer being traded.
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tomirons

12/17/10 11:29 AM

#56544 RE: jibberjabber #56482

I hope for the stockholders the offer is real, many people have been hurt. But, as someone earlier said, if you were the company wouldn't you provide proof of the offer to keep your stock from being suspended? Seriously. Would the SEC suspend them with solid proof of the second offer(a legal confirmed contract) but no proof of the geo report & first offer? Also, I have no confidence in the SEC. In my opinion they are lazy, corrupt and incompetent. They are controlled by politicians who sadly have a long history of under staffing and forcing out past qualified SEC heads because lobbyist for Wallstreet and business didn't like the laws being enforced. One such highly respected forced out chairman of the SEC, Arthur Levitt, writes occasionally for the Washington Times DC newspaper and refers to the SEC as a "National Disgrace" March 25,2009 article. The agency can become responsible. Good luck with trading.