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Ferick

11/04/11 11:48 AM

#33328 RE: goalpost #33327

It's a miserably sad day when the question behind the consideration of investment in what is seemingly a going concern public corporation is not about its productivity projection but in its legitimacy. At this point, it is my concern that if there is no activity and no revenue, the next step is bankruptcy. It seems that it would be so easy for this corp. to be bled out, viable assets sold off with proceeds expensed as administrative costs and the remainder left to the shareholders as worthless. These corporate execs are, after all, in a foreign country with all activity in this country. It would be virtually impossible to hold them accountable in these circumstances, even if this was their business plan all along. I would not be at all surprised to some day soon, find them all taking up residence in a Mediterranean oriented land of wine and song.