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Post by barefoot on Feb 16, 2006 13:25:52 GMT -5
Thought I'd mention cnes to see if anyone has a desire to look at it. They seem to have a solid product. FCC approved and now going for state and local license.
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Post by tc346 on Feb 16, 2006 17:23:19 GMT -5
Barefoot. It's a shell with an extremely high share count and lots of debt. I don't think any other company would touch buying the shell because of having to assume all that debt. Look at their last filing and it's all about placing money. They have not generated any revenue at all, as I understand it. I considered it recently as a momo play and watched it closely when it recent went to .001 and started retracing. It may go back up, but I'm afraid of it. Good luck. TC
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Post by barefoot on Feb 27, 2006 11:07:57 GMT -5
Thanks for the info TC. I agree it's a shell with a lot of shares. The price is up today with lots of volume but I don't know why. hard to find any fresh news. maybe the companys buying it.
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