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Re: None

Tuesday, 03/07/2006 4:23:42 PM

Tuesday, March 07, 2006 4:23:42 PM

Post# of 311063
Shorts or no shorts we will see a squeeze. Merger potential alone will generate buying interest as well as when they announce the projects which will be funded by the $10M. By insiders I think he is referring to the $20M of private funding announced in September. I believe management struck a deal with a funding source to accumulate up to $20M in LFWK stock at what they believed to be a highly depressed price. These are the individuals that are offering to sell the shares back to the company in the future. There is a possibility that the recent run from $0.004 to now was caused by the completition of this type of buying. There is a chance that the $20M was implemented and the entire 200 million float was acquired. So any further buying pressure will cause this one to move very quickly since the float is substantially less then 200 million. My guess is that we have some short positions out there. Perhaps to the toon of about 20 million shares. So if any of those positions attempt to cover they will cause a run. If any additional buying pressure enters the picture then this one will run. At this point we are sitting on a powder keg just waiting for a spark. I withdraw my previous estimates of $0.02-$0.03. I'm holding for north of $0.05 now. GLTA.