I appreciate your sentiment Funky and in general this is the time when you can make good money on most stocks but this one's on life support ,trust me .If you look at the admin set up ,the amount on the payroll ,the monies owed ,the comparative attractiveness of any discernable assets to a potential buyer ,the 10/1 consolidation already done and leaving scars,and the number of investors who've done a lot of dough on this one ,even brave souls such as ourselves wouldn't be dipping the toe in here .It's all too complicated ,unwieldy and unprofitable ,it's almost impossible to evaluate what the real state of the books is at this juncture on anything I've seen.
But I guess it's never over till the fat lady sings is it .But they need money and fast I imagine so no ones going to be doing them any favours at this point .Of course if they had the common sense to step aside ,streamline all operations ,strip the thing back ,admit to the massive miscalculation here and let someone with some real business acumen have a crack who knows .Now what chance do you think there is of that happenning ?
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