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integral

02/25/14 12:18 PM

#4841 RE: peterus #4839

Seriously, look at it:

Accumulated deficit (12,551,815)



Total Current Assets 11,040 26,608

PROPERTY AND EQUIPMENT, net 2,657 3,475

If you want to defend the company, read the cash flow statement and statement of shareholder equity.

Tell us where $12,500,000 disappeared to?

As a shareholder, you do not have it. So who does. Hmmmm. It is the cash flow and statement of shareholder equity.

Shareholders absorbed $12,551,815 that magically went "poof".

It is unfortunate that the fraud is faceless, its not the mugger guy in some alley way with a mask on that physically accosted the shareholder and his wallet.

It is only a matter of time before this company and its BoD has to address to regulators on "where did it go".