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FrankM1

06/18/12 9:09 PM

#32793 RE: learning curve #32792

I dont want to sound like a jerk but lets be REAL here folks, we all want nothing but the best, but look who are running the show and calling ALLLL the shots, the question is , is this ever gonna really happen or not. currently this stock is 100%%% controlled and manipulated by the MMs, any good news is nothing but sell offs. They have the stock in a noose hold, I ask myself will these bozos ever think about US, hell no I doubt it, but Ill keep listening to all the cheerleaders and pumpers and wait for my exit strategy. Ive been riding this train for 14 months now and have seen alot of people come and go. All we can do is wait, some say 2nd qtr, some say 3rd qtr, some say 100 mill this year, does it even matter when the bozos hold all the chips, you think they will show a profit, they may show a little, I personally think they will milk every dime of profit through company write offs and enjoy the ride. Ive done the same my whole life through my companys, write offs are great. Just my opinion!!!!!1 Weeeeeeeeeeeee
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Hamham1

06/18/12 10:15 PM

#32794 RE: learning curve #32792

They went public because they needed money and they were having a difficult time raising it. Why?

1. They were spending a ton. At first they would say they needed a million then it kept growing. They raised over $4 mm in private equity before they went public. Once they went public and created the super shares they could spend at will because there was always someone willing to take shares off their hands for 30 cents on the dollar. I am not convinced these days are over. I hope so but I need to see it to believe it (or not see it).

2. They were not that successful raising money due to their lack of sophistication.

All these guys have ever wanted is to be rich. They don't care about anyone else but themselves. They have screwed family and numerous friends to get to this point. Hopefully the stock will start to go up and we will benefit from their greed.