RE: Financials came out yesterday... After reading the MD&A and reviewing the statements, the only reason this company currently exists in its
current format is to pay two directors (and perhaps other insiders) 12% pa. A nice return for them that
comes from our backsides.
Reorg under protection to take advantage of the Value Link proposition (if it is in fact real) is the company's
only hope, but us retail shareholders have little hope unless the Trustee can see that this failure may not
have been caused by simple incompetence, which is very hard to prove. I'm sure he/she will look closely at
the Directors support of contunued unfilfilled promises. But then again, the privately held stock market and
its listed firms do not appear to be accountable to anyone anymore. It's a free-for-all to be reckless.
It is final kiddos....IMHO.