Re: The 10Q is out if anyone here still cares.
in response to
by
posted on
Jun 20, 2012 06:37PM
Paramagnetic Beads and QL Analyser are Proprietary Products
I think "everything" is quite accurate. Tell me one thing about the beads, analyzer, or head-to-head testing that has taken place anywhere near the hyped time frames since this reverse merger took place. Nothing but delays, excuses, or absolute silence.
How can they have been promoting head-to-head testing for two years when they did not even have 5 prototype analyzers to use in such testing? I consider that fraudulent and am surprised there are no penalties for such misleading of shareholders. And we are well past "mid first quarter" so why not a word about the status of the manufacture of the 5 analyzers and the proposed time frame for the head-to-head testing that has once again come and gone? And how about the blatant mistakes in the published stock price history in an SEC filing? Were you in the "typo"/"minor mistake" crowd on that one?
My reason for following this fiasco is simple. I despise all manipulation and criminality in the financial markets which, unfortunately, has been rampant for years and no regulators do anything about it. I have felt this and the predecessor stock have been heavily hyped and manipulated for more than five years now. I originally lost a moderate percentage of my investment believing the pumpers lies yet fortunately recovered those losses in subsequent trades of swings in the stock of which you are aware since I was posting here by then.
I follow the stock and post to the two message boards with my thoughts simply as a counter to the pumpers with their naked short lies and claims of "acomin" events that will trigger a massive short squeeze in the stock. I think you would have to agree that anyone who followed my predictions and timing of purchases and sales of the stock over the past few years would have done astronomically better than anyone that followed the lying and misleading pumpers over there on Raging Bull or even the more moderate Ante-Up here.
At one point I felt you and Doc appreciated my thoughts on the likely direction of the stock but I realize now that was only when I was predicting it would move up. You seem to have turned on me once I felt the stock would fall...initially from above a dollar to below 50 cents and then from 50 cents into the teens. I'm sorry you both have lost money in the stock but I will continue to offer my thoughts unless you choose to ban me from the site for presenting a negative outlook. Until the pattern of misinformation or no information changes, I believe the stock could easily fall to single digits. In fact, I am surprised it is not there already.
And speaking of manipulation, what are your own thoughts on the almost daily and blatant tape painting with small volume trades bought at the market/ask price that have been taking place all the way down from over a dollar? Is that a practice you condone? I will also continue to speak out about that abuse as long as it continues. I can only hope the perpetrators are eventually caught and punished for their illegal activiy but doubt that will ever happen since the markets are now a completely rigged game for the insiders and connected good ole boys. There is not even the pretense of oversight anymore. The wealthy have been given a total license to steal and they are using it at will. It disgusts me but the only place I can even speak out about it is here. Sorry if that bothers you.