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janeyH

05/25/11 3:59 PM

#3462 RE: cygnus72 #3461

only buy manure if you're planning to put it on your garden
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NHred

05/25/11 4:16 PM

#3463 RE: cygnus72 #3461

It's a total crap shoot to be honest. I stopped even thinking about after the last R/S. Problem is the company has crap from revenues and way too much debt. Only way it can stay afloat is by selling stock. You might be able to make a quick get away on a price swing. I actually think the company is worth more as a OTCBB shell then with its current assets
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highlycynical

05/26/11 8:24 AM

#3464 RE: cygnus72 #3461

In all honesty, I think the saying "don't throw good money after bad" applies here. With the current 10-K and 10-Q disclosures and continued share dilution being created by management issuing shares at a furious pace (320M alone in less than 1 month, not to metion the Dutchess Preferred shares converting to ~1B common shares at some point), You'd probably have better luck spending the money on lottery tickets.

It could get a big pop, but given everything i've seen the odds are heavily against it. My two cents anyway...