B2B..
If that is true,, Then I am wrong BUT,,,, I have been involved with enough releases to know that it is the obligation of the company to put out a release that would right this wrong.. As to the disclamer on the end of the release,,, It along with the payment for such services should be made avil. to the reader.. I did not read along far enough to see this disclamer.. The negative spin that I have placed upon all releases is like beating a dead horse... I really believe that finanicals and shares outstanding are important in the evaluation of a company and should be the first step in DD...
"Please be frank here Hank. Do you belive a company would pay 500,000 shares for an e-mail with a line at the end that, to the effect, read "If CTBG cannot secure financing, they could cease to be a going concern" ?
In reality I believe in the logic of what you say,, But then why would a company put out as many releases as CTGB has without the distribution taking place and and if 88% is to be distributed it seems that a selective distribution has occured.. If not how can one account for the continued selling in blocks of stock 10,000 shares and above.... It was the same with GFCI and thier 4.3 million share float that had turnover rates of 100% per week if that was the true float... I could be wrong in all my assumptions as I have said before but if the press releases have been bogus it is the Responsibility of the company to respond,, not me..hank
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