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sandman2012

02/09/11 10:51 AM

#3058 RE: traderlong #3057

Well, it's been some time since I last posted on this blog.. nevertheless, all I can say is that I'm a little surprised that the SEC or other watchdog group who had some type of authority has allowed these folks to continue. Folks much more "in tune" than I am must have known that this company was a sham from the beginning. Must be pretty liberal folks running the boards who control companies such as this to have allowed them to continue selling shares at these "below" basement prices. Looks like the stock is right back where it started before the splint took place back in October. I'm wondering if it would not be in the best interest of the investors for someone to step in and liquidate this company. They must have some assets worth selling that could be distributed to shareholders and investors worth more than the current price. Surely, these guys running this company could be charged with some type of violation preventing them from profiting from the sale of their assets. No telling how much they have leveraged however. Looks pretty much like a wash to me. That's my opinion.