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

To: George8 who wrote (42416)	4/26/2011 10:05:17 AM
From: Madharry	Read Replies (2) \| Respond to of 78525

I read the report. I dont know if its true or not. I hope its not. I have never heard of the entity that posted the report and they posted 3 articles on seeking alpha all in april. even if its partially true it looks pretty bad but i still dont understand how the company has $68 million in cash. I dont see how they are going to be able to keep this money or the company from shareholders. It is also very curious that they would have hired BDO and the BDO a very reputable company would have uncovered none of this. My guess is the stock will be suspended until this can be sorted out. fidelity also owns a bit of stock in this company and has lots of analysts on the ground. the ceo must be very clever to have fooled so many people but its hard to believe that he would be risking his neck thinking he could get away with this.