Hey man you don't make any cents (get it?) at all! Please read your history of posts on this stock. Then, read again the non sense you've posted today.
What company considering bankruptcy would be paying anyone any debt at all? Even if they are restructuring, they would make the terms more appealing to them to pay back since they would be getting the hit of taking the bankruptcy road.
Paying debt back with revenues is your issue isn't it? Who ever told you they would not or could not be planning to do that. I mean, we don't even know how the increased authorized shares would be helping them satisfy their debt at this stage. Do you know if BD has shorted all the way down and maybe riding it on the way back up, none of us know. Don't make your comments sound so factual as if you're the CEO.
You talk of continuously being 2 mil in the red ..realize that their losses were mainly the result of Kazaa, so let's review this a sec shall we? If they have abandoned Kazaa and are working to satisfy the terms as a result of doing so and paying down the debt, that would be considered positive now wouldn't it?
You must realize this company is working to minimize the fat while concentrating on the bread of butter of their business, which I might add had a twofold growth in the last quarter, should make even a critic like you see that they are moving in the right direction. Most businesses make bad decisions, some even horrific, it is the realization of the company to cut these fruitless investments and concentrate on what they know best to be profitable is what turns around the business and the investor sentiment alike.
Look at what this is trading at, 6 cents a share...not a couple of bucks. They had plenty of time to go bankrupt from the $7 trading range all the way down to $.01. They obviously chose to correct the major problems by choosing to delist themselves, authorize additional shares and sell non profitable assets to put the losses from Kazaa behind them. And now there is even more evidence of them gearing towards the heart of their business with the Spyder.
Do yourself a favor, stop changing your sentiments so rapidly and try being consistent. You sound like an emotional wreck, one week with a great outlook and the next as grim as they get. At least try not to effect others that have actually done their homework and bring senseless negativity here. If you're going short, good luck. I'll even give you a chance to make up some of your losses right here on the board:
If this stock is trading under $.15 by April 1st I'll give you a hundred bucks, if not you give me fifty, how about it cowboy, ready to back your blabber?
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