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[QUOTE]Originally posted by seanwill: [QB] Although I appreciate looking at both sides of the coin, some of the postings being made here are factless and filled with emotional bashing. Here are some of my viewpoints: -This company did not "pull a dividend scam" in October. I have been following this company since that time (and not buying until recently), and we are still in the process of the same dividend. I cannot promise whether it will or will not be paid or in what form. I suspect that if it is paid as announced, it will contain at least partially stock. -It is not a strange practice for a company to announce a future value, the PPS to increase immediately, and then the price to drop back when investors realize that it may take a long time to happen, if it will happen at all. Although this is a bummer for those who buy immediately after the news, it is not a scam but the normal fickle market. This happens with big board stocks as well and it is good to expect it. An old addage is, "Buy the rumor, sell the news." -It is weird that they photoshopped a guy into that picture. This does not tell me that the company is a sham, but it's weird. -From the data posted on the CEO, it seems to be the same person. I am going to look into it a little further, but it is something to be concerned about. -Better to wipe your butt with money? It is often said that the market is driven by fear and greed. This is a statement which intentionally or unintentionally gets people emotional, and shifts over to the fear side, without itself giving facts about the situation. Emotions should be left at home with this kind of stuff. -The quality of the PR's seems somewhat average to me. They are not awesome, but I have seen worse from better companies. Obviously, they tend to repeat themselves. -All this said - there is no way that I can lose on this transaction. I have sold enough of my position that I have made a profit, even if the shares I still hold become 100% worthless. If anyone is at all nervous and can do the same, I highly recommend it. It's not worth losing any sleep over the risk/potential reward. [/QB][/QUOTE]
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