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asdfu099

05/07/12 11:04 AM

#9697 RE: Student86 #9696

It has come down a long way indeed. But lets not forget if you owned shares at $4 time then you have received 50% more shares from 2 stock dividends. Therefore the .26 price can be looked at as .39. (Current price times 1.5) Either way it is low enough to be very upsetting I agree.

What I want to know is why did the ex CEO Pierre Cousin not file the S-1? He stated in a PR that the audit was done, thanked the auditors for their hard work but never filed the S-1. This would have made one of the dividend shares now free trading and given this thing a little more credibility I believe.

I continue to do my due diligence and for the time being at least, will wait to see if the 20 contracts get built.