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<p>[QUOTE="medoraman, post: 1028564, member: 26302"]Not skewed my thoughts Cloud, I wrote in the post that these penny stocks are not long term investments. I was talking specifically on how Wynn's SEC filings looked versus this company's filings at the point in time when I invested. I was commenting on your post concerning your viewpoint that they were insolvent. I could name numerous other startups that I have reviewed financials for. Financial Statements for startups are not terribly indicative of long term success, you must dig much deeper than such superficial filings and understand WHY classifications have occurred, WHO is running the company, and WHAT product are they trying to produce. You understand that, by subsequently posting information about the officers.</p><p><br /></p><p>I completely agree with your statements concerning these companies, this one, etc. I always wonder how we really have similar views why it seems we disagree so much. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1028564, member: 26302"]Not skewed my thoughts Cloud, I wrote in the post that these penny stocks are not long term investments. I was talking specifically on how Wynn's SEC filings looked versus this company's filings at the point in time when I invested. I was commenting on your post concerning your viewpoint that they were insolvent. I could name numerous other startups that I have reviewed financials for. Financial Statements for startups are not terribly indicative of long term success, you must dig much deeper than such superficial filings and understand WHY classifications have occurred, WHO is running the company, and WHAT product are they trying to produce. You understand that, by subsequently posting information about the officers. I completely agree with your statements concerning these companies, this one, etc. I always wonder how we really have similar views why it seems we disagree so much. :)[/QUOTE]
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