Guys, I have been holding this thing for ages. Initial buy was at 0.35s, then bought more than triple at 0.25 when they said, they were given financing by some company and some other company accepted to buy stock for 0.20. Then bought around 3 times already existing number when it dropped to .18 and am this thing still seems to go down. I remember when I bought this at .18, I had sold some of other stocks to accommodate the funds. :(

Because now they have completely stopped responding. They never answer emails anymore. (Honestly I think they must have stopped leasing an office now, because it is a recurring cost... or atleast that was my understanding when I called then about 3-4 months back, but it was understandable considering the market situation then.)

But, these days they rarely take the phone calls, and whenever they do so, always only one person Jason or Johnson, lifts it and says, no body from PR or Directors is in. I even asked for someone from Investor relations, and he says he is from Investor Relations. But, when I ask anything, he says, we are currently experiencing very difficult credit and financial issues, so there hasn't been and there will be no progress in the product development for some months.

The last time I called was in August, I had written down everything he told me then. He said, they had two scientists, working on the product, as of December and he did not know how many engineers/scientists worked in August. Today he says, they only had one scientist working in 2008 and the research has been stopped since last quarter of 2008 and he had not been updated about anything else since 2008. So, he indirectly was saying there was no body working or hired for research now.

Honestly, I have no idea as to why he works for the company, and why they still are a corp, or why they haven't filed for bankruptcy.

My logic, for selling now.

Current expenses:

4 Directors Salary.
Investor Relations Employees Salary.
Scientists/Engineers Salary.
Normal recurring expenses.

All these included, their Filings say, they need some serious cash to be operable for the coming years. I doubt this happening because, he told me he was not informed of any scientist/engineer hired at least.

After analyzing all this, my gut says, get the hell out of here pocketing the 5 -6 cents.

But, as of now I have around 160,000 shares averaging at pretty much around $0.20

Please reply honestly, do not bash or praise the company because you own the stock. Give me a logical and non-emotional thought.
I want to give a Strong BUY, but well because I was sooo dumb to buy this bull Shoot before they dumped it, I don't want to disclose any stand.

Thanks.