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agribusiness72

09/03/11 1:26 PM

#4561 RE: ru8 #4560

I'm sure you already know, but I have zero shares, bought earlier and sold for a nice little profit and was waiting for another opportunity to buy, but as I've watched this stock and the actions or inactions of this CEO, I have not seen any indication that this company is worth anywhere near the 6 million dollar market cap it currently has. The past PR's, 8K's lack of information, lack of VERIFIABLE PR's and 8ks, unknown reason why CEO did a three for one dividend just prior to the pump, Unknown management team that just disappeared along with the IR firm, financing deal that made no sense, and I'm sure that's dead as no SEC approval has ever been given, poor decisions to lease Montana plant with no money, paying with shares causing dilution, and a CEO that still pays himself over 80K???? An unaudited annual report, a supposed JV with China, yet restructuring to concentrate on MOPO products, and health line??? I'm assuming the JV's are dead also, so.....This all leads me to keep an eye on this company. Of course I've already listed the many questions that should be answered by this CEO prior to anyone investing. To think everything is on the up and up here would be very gullible. Maybe once these questions are answered I'll feel better about this company and jump in again, but until that happens, I wait and see.

Now lets see if the 10Q comes out on time, should be published NLT 15 Sep. Maybe we'll see what that "small improvement" of the plant entailed, and how much that cost.

Would also like to know how many shares were used to pay Phoenix. And have a great weekend. Maybe you can shed some light on the positive aspects of this company you see.