With $10 million in the bank??
Sure.. Of course it depends on the level of dilution involved, but cash is cash and you can't ignore that.
However, I think that you guys are underestimating M. Kugler. If his firm had a vested interest or position in this stock, Mike would be shut down and quieted. The NASD does not take kindly to manipulation by Brokers. Thus, I think he may have a few surprises in store for everyone.
Thus, I will not discount his facts quite yet. And those #'s he passed by look suspiciously like court case filings and those could be explosive.
You know, what I guess I wonder about is why everyone believes every word that Morgan and Breton utter without doubt. GRNO's CEO told me that I had been more thorough and aggressive in getting facts and documentation than had any of the professional analysts that had stopped by. And my efforts were conplemented by even tougher diligence by other shareholders. It was a group effort and it took many months to achieve.
And even though we had 75+ shareholders at the first shareholder's meeting AFTER the trading halt, it didn't matter to the SEC. And later we and the CEO find out that his legal counsel screwed things up to the extent that he resigned from the company, AND his law firm. Well h*ll, the rest is history.
Yes, Daddy Bigs... With $10 million in the bank and financial reports to support it, I would certainly become a Yea. But I just don't see anyone who would be that free with $10 biggies. It just doens't work that way in Venture Capital markets without huge dilution.
Regards,
Ron |
