ORHUB Inc. (ORHB)

[Pescadero]

Speaking of long-term horizons, Many of us MREG shareholders were also in Quality Care Solutions. We were well positioned for a reasonably short holding period and a tremendous gain in QSCI in early 2000 as the company was filing its IPO through some well known firms underwriting the deal when the crash in April 2000 delayed our apparent very profitable exit plans. It took another 7 years then along came TriZetto paying over $100 million for the company. It was still a very good pay day for all of us. Just a bit deferred from the original timeline. The key was the company kept moving forward, with sales and market penetration of its product. Looking back, the 10 years or so that we were in the stock seems a lot shorter now. I see many similarities with ORHub (MREG). One big difference is that the current investment enviroment is not in a mania or bubble phase, subject to the valuation corrections in place then. Its a better market for technology stocks today with a lot less volatility.

A lot can happen in 3 to 5 years. If revenues commence in the current or next quarter and they show some pattern of sales and revenue growth, it could be a game changer. In the big scheme of things, 90 to 180 days is not that long of a period. But to a start-up, it could be a lifetime. Literally! Personally, I think we will see revenues, sales and the development of a solid story going forward. At the current price, I think the stock has some value for a speculative position. I doubt that there is a whole lot that will trade below fiddy cents