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Converter

07/07/11 1:05 PM

#7253 RE: kun #7252

to trade it for higher. simple enough right? i think there is basis for hope in what the company has in their portfolio. but they are obvoiously without the right leadership. our best hope is that someone buys them. but don't think even that is a sure bet.

Converter

07/07/11 1:23 PM

#7254 RE: kun #7252

I need to answer that better:

My basis for waiting for .006 is that it is a general sense of where the market would allow this to drop AS LONG AS there is no more dilution or bad news. There is no basis to expect investors to shell out .01 or .02 except when there is a runup after a PR. I don't think we (the market) thinks things are as bad as before the last PR when it was .004. This company has a lot to prove. Most (all?) projects and ventures have been half baked and never fully realized. I'd rather have ONE product out there and it failed miserabley than this year after year of failure to launch.

I think we who have been following this for multiple years would feel .006 is fair and .004 very attractive. i can't jump in now b/c i am afraid of dilution.