other bullboard since it's being talked about on a regular basis. At the same time thanks to RXGCA I looked over at their last Annual Report just to comfirm what he was stating that in fact their system will not be market ready till mid 2010 at the earliest & even to make matters worst they spent $7 millions in R&D cost since the creation of the company almost 10 years ago with no bottom line results of their system.
Again all this activity on their stock price like Show Me The Money mentionned seemed like a promotional event on the stock & not on what matters a product market ready. Like I said before I did my due diligence on that company before investing in AMS & all I saw was red flags after red flags & I just took notice also that AMS's vs SNA lawsuit as been raised to $20 millions from $15 millions & two others have showed up in the last Annual Report from a Former Employee set at $60,000.00 & one dating back to 07 alledging that Star are infringing on their patent, I do not recall seeing those two outstanding legal issues before in my past due diligence, that's another major red flag that just popped up in my opinion.
For future investors it is always wise to do your own due diligence & not take for granted what others post including myself, always base your decision on your research & confirming what others post on these forums, I think CFO the poster from the other forum can attest to that by experience just by reading is last post on the other forum.
Regards to all.....
Loading...
Loading...