RE: Anybody else see whats happening?I did say that this one may be a good HIGH RISK play....
DD?? how can you do a DD when we have no publically available figures, or audited for that matter figures for EnviroTrac? You cant go by the financials we have for XST as they were just very small importer. We as typical investors (not insiders) have no real information to go by....only what certain pumpers try and push on us. When the company starts releasing some information, contract details, a retail store maybe etc... then we can make an informed judgement. Right now, we are at the mercy of the guys that paid .25 or less, and who are telling us what a great company this is. All we have now, is the 'pump' on a supposed 12 million in contracts over 4 years, yet this is unconfirmed, and unsabstantiated, and may be nothing more than 'potential contracts' if XST actually comes out with a marketable product.
I talked to EnviroTrac as early as '97 (if my old failing memory still serves), and they said they wanted a true GPS system, but radio is all they had.
Back then, they could not show me a working product anywhere near ready for the market. So I only have one question........ HAS ANYONE ACTUALLY SEEN A WORKING ENVIROTRAC TRACKING DEVICE??
All I am saying, as investors, we need alot more real information, and less smokescreen. We need publically available documents on XST and Enviro Trac. Remember, some of the BIG guys behind the pump on XST are promoters first, value investors second. THEY HAVE NOTHING TO LOSE, but people buying at $1.80 sure do. Show me a product, show me how it works, and then I will invest.
Thats all I have to say on the subject...
TOO
(As always, opinions expressed are my own, and should not be considered factual)