InvestorsHub Logo

Doe 3

11/27/05 7:01 PM

#1069 RE: multivalue #1068

I hear ya....I paid 26 cents per share 4 years ago, but that of course was before the 5000 to 1 reverse split. DF fed me and others total garbage...enough for me to believe in the company and stick it through even though I watched the PPS drop and the O/S grow almost daily. The way DF was touting the stock saying that he felt it was undervalued, and great things were to come, I was thinking that they'd eventually turn it around for the shareholders. But I knew I'd been had when they granted themselves unlimited authorized shares....and that's when I sold most of my position at a substantial loss.

Yeah...I'm bitter. IMO, DF is unfit to be CEO. He conned all us shareholders at the time of the first convertible debenture toxic financing. He sold us all out.

And I'm convinced he'll do it again. Why else would he leave the authorized as unlimited? By doing so...it kind of negated creating shareholder confidence.

Thinkpath has never made a profit since they IPO'ed in 1999. This company should have folded long ago, if it weren't for all those unsuspecting people buying Thinkpath's depreciating stock. I think it is probably safe to say that 99% of people that buy Thinkpath shares, eventually lose.

I still feel that way, even at this PPS level.

Good luck.