Uneasy Feeling about these guys.Scarr, Profiteer
Great insight. I've got a pretty uneasy feeling about these guys. Something's not right when they supposedly acquired a property in one of the sexiest areas going and the stock can't even break 7 cents on more than 8 million shares volume.
I see the regulators enforced a Cease Trade Order in March of last year. A link on Yahoo shows the company issued a press release on March 9, 2010 to explained the nature of the CTO but the link is no longer valid. I then decided to visit their website to view the news release there but mysteriously that particular news release has been omitted from their website. All the others are there. Just not this one.
Well, I for one refuse to even create a secondary market for people like this. Could it prove a lost opportunity? Maybe. But guys like this need to be sent a message and there will always be another opportunity tomorrow and likely one that will leave you feeling a lot less uneasy than this bunch.