Isreal,
I read the thread, beginning to end and did a few searches on the company -- either you found a very well hidden, but equally well known about gem or a complete and total loser. For .50, seems like a fair gamble, but the stock surely does look like a scam in many ways. The real negative guy on the thread, Coz, I think he hit the nail on the head. You see a huge volume spike on one trading day after months of spotty volume at best where the stock rockets up, then a steady run down to current levels. If it is a fact that the CEO dropped 500,000 shares in the market -- I assume it is, to pay for a $500,000 loan he made to the company -- he did screw all the past shareholders. I must admit the balance sheet probably looks a lot better now. Also, I assume Meyerson still owns a ton of this stock -- if you are on the right side of them, you will make a bunch -- if not, look out below. Interested what others have to say.
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