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Central European Distribution Corp. Message Board

adjag7 2 posts  |  Last Activity: Feb 21, 2014 1:57 PM Member since: May 27, 2003
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  • For those of you who haven't been burned by these scams before, the reason why there was a $44.1 million "private placement" for preferred stock is because the common stock is soon going to become worthless. If you don't believe me, look up the history of Central European Distribution Corporation (formerly CEDC). I personally lost $30k due to a similar scam that played out.

    I have no position in DLIA and thought it had significant potential when Tracy Gardner came on board. Unfortunately, DLIA has been playing these games ever since her arrival and the management simply cannot be trusted.

    Mark my words... DLIA will be taken into bankruptcy, the bondholders & preferred stockholders will reorganize under Chapter 11, DLIA will come out with an IPO in 2-3 years after bankruptcy restructuring with no debt and a more solid balance sheet, and common stockholders will be wiped out.

    Good luck to all...

    Sentiment: Strong Sell

  • Hold on... we are on our way. Once we get to $.70, then we will be at a point where some real investors with long-term horizons can actually invest in this stock.

    In the interim, I hope that none of you were dumb enough to buy recently. This POS and their management still have a LONG way to go.

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