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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Ed Ajootian who wrote (20052)	11/14/2004 6:18:47 PM
From: Madharry	Read Replies (2) \| Respond to of 78567

It sounds interesting- but I wonder why you omitted the fact that they just did a private placement and sold some 900,000 units for can$.80 which included a share and a warrant on October 18th . Now its less than a month later and we should be rushing to buy this at can$1.70?. Since you omitted this it makes me wonder what else you have omitted. Perhaps this will do great but most people who are active on this thread look for slightly more established companies. I think we have all seen lots of great concepts that have turned out to be vehicles for management getting rich, investment bankers making out ok and investors/speculators becoming bag holders. Right now I dont see why I should pay more that $can .80 for it. After all I'm not even getting a warrant out of it.