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Message: Poison Pill...

Re: PMB - Thanks for Your Post

in response to by
posted on Mar 10, 2007 04:02AM

PMB,

I'm really not here to bash.

Honestly, I lost a great deal of money because I was too eager to believe in Nanopierce. I still think there are a lot of good things behind the technology; but, it obviously did not present enough benefits to manufacturers to justify the risk or the expense.

There were a great many people who posted back in 2000 through 2003. I chose to believe what I read in most cases. I wanted to believe what I read. I still remember posters telling shareholders that they shouldn't consider selling their stock... that good things were in the wind. There was just way too much optimism. I believe optimism is fine... until the source of that optimism does something to sour the relationship.

I still wonder about Louis, and Mary, and others who were involved in those times. I just find it ironic that they could come and go. Sometimes a skeptical person might wonder if it's all part of some script.

In life, each of us learns lessons along the way. We learn a great deal about people. We learn who we should trust based upon their spoken word, and upon their follow-through. Things go wrong in life, and people should always be given the opportunity to succeed after meeting with setbacks. When the pattern of failure or misinformation is repeated again and again, it becomes more difficult to continually give someone the benefit of the doubt. All that being said, my goal here is to suggest that potential investors take a good, hard look at the past performance of management before making an investment decision.

Like you, I'd like to see an improvement in share price so that I can cut my losses a little. It is troubling to read so much optimism... and never see results. Why should a potential investor who stumbles across this board not read realism, in addition to optimism? I am surprised that there isn't more discussion on the part of investors who participated in private placements, and who purchased restricted shares, only to see the stock price dive.... just like it has several days after the execution/announcement of every other finance deal of Nanopierce, Intercell, or Vyta. The value of the restricted shares takes a huge hit, as does the long term value of any options. Maybe the investors who participated in these private placements are an incredibly understanding bunch.

The part that is so frustrating to many of us is that there is absolutely no accountability for the optimistic positions that fueled some of the speculation. There is almost never any explanation that chronicles what went wrong, and more importantly, what will be done to avoid future failings.

Thanks for posting your opinions here. I miss many of the longs who used to post. It's sad, but, I think most longs have chosen to cut their losses and move on... especially those who were such strong proponents before their tolerance finally expired.

Have a good weekend, PMB.

All My Personal Opinion

Jeff

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