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Cassandra

10/14/13 6:38 PM

#77325 RE: PG #77324

I can't find anything that indicates that the term has long "since been phased out" as you stated.

http://en.wikipedia.org/wiki/Due_diligence

People in the penny stock world use the term differently than it is used in the real world of business. Things a CEO says to investors or potential is not legitimate due diligence, especially when the CEO is a proven liar like Peter Villiotis.