RE: RE: RE: Removing Rock and Mining COAL... I am long this stock, but no sense in trying to convince you. I still own a few thousand shares, but sold most of my holdings for a loss in 2011
What has the company done so far in the past 12 months, all lies
1- financing of $85 million announced shortly after last year's AGM, those who attended the AGM were told at the time that everything was good
2- $40 million sale of Lossan- money is gone
3- $25 million debt financing, who knows how much of that is left
4- 0 revenue in 2011., and year to date
5- poor communication from company, impossible to speak to someone at company
Analysis of this company means very little, until revenue is earned and expenses are accrued. Can anyone here on the board say for certain, that this is not a scam, that at the end of the day, there might not be a company afterall.