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Re: Gixene post# 4

Monday, 09/16/2013 12:00:12 AM

Monday, September 16, 2013 12:00:12 AM

Post# of 94
'JG' I found MBII on the NASDAQ competitors list of POT,IPI (one of the two) and noticed the spike in the SP.Looking further left me a little puzzled also as I did not think the quarterly was strong.True 80million in debt isn't much,28 million float (shares outstanding) isn't much, BUT a bigger warehouse doesn't quite cut it for me as a picture of solid growth.They have Federal backing and all but I agree with you whole heartedly that the share price is out of bounds,even with the $60million gained from the offering to keep them financially afloat for the next twentyfour months. The SP spike came more on financial news not related to product. THE SP is overblown in my opinion. Will watch on a watch list.Thanks for repling 'JG'