I wish it was more consistent, the update is supposed to come out 3 days after the 15th and last day of each month....but whaddyer gonna do.  

Really enjoyed the discussion on the material weakness and the differing points of view.  I am in pretty lock step agreement with OldTimer....does the company's weak financial position (no matter how its expressed or disclosed) have an impact on potential buyers?  I think most would agree that it has at least some impact....and its a moot point to gauge how much with any exactitude.

If nobody would trade a stock with a going concern flag, then the volume would be zero.  I do believe that there are lots of investors with certain 'rules' they follow, some might be broken in rare circumstances but generally here are some I've heard from others:

• I'll never buy a stock that trades OTC
• I stay away from stocks that don't trade at least 100K (or whatever) daily
• I won't buy a stock if the company doesn't have at least X months of working capital
• I won't buy any stock that puts out news almost every single day

There are probably hundreds of rules/guidelines like this out there, maybe even thousands.  Hopefully as we move forward some flags will start diappearing....I think getting on the Naz would be huge because I often hear of investors avoiding anything that trades OTC no matter what.

And speaking of flags. we stayed fixed in that ever narrowing pennant I'm seeing on the chart.....Friday will be even tighter, and Monday my read is that there will be almost no room at all...maybe 1 or 2 cents.  

Cheers all.