Re: Were is our Year End Review
in response to
by
posted on
Sep 09, 2009 07:29AM
Given the product proposition of this site, I'm quite surprised they let us say the sort of thing you just posted without deleting it and banning us from their system.
I conclude that the flow of $$$ to Agoracon from FMDAY >0, or they'd do something about it...?
IMHO I suspect the timing of if & when the shutters finally come down would be linked to Yorkville's accounting/tax requirements so that they can offset the probable total writedown here against other tax liabilities arising from other investments, so the complete news blackout is probably due to the realisation that there is no point in trying to talk things up anymore as the writing is on the wall...?
I'd love to see a detailed analysis of the history of this business - it would provide the ammunition to outlaw toxic financing, to put some real teeth into NASDAQ/SEC regulation and to clean up the pump 'n dump activity that has robbed small investors blind.
It also might be enough to push the SEC into investigating what really went on here and whether formal investigations and indictments could be issued again those responsible for this disaster zone, so they could be brought to book - I mention no names or offences because I do not have any knowledge of them, but whichever way you look at it, IMHO you can not square the PRs over the years with the real performance. - incompetence or deception - take your pick.