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Re: None

Wednesday, 03/29/2006 3:58:12 PM

Wednesday, March 29, 2006 3:58:12 PM

Post# of 29739
I can't believe they are going to take this right down to the wire. I felt strongly that having a CFO now would enable them to get the 10k out a little early. Last year there was no CFO and they were changing auditors. I figured that the CFO would be devoting all of his efforts to the 10k. Phil is over in China partying while we're all biting our nails waiting. Sometimes I think they enjoy driving us crazy by holding back information. They have teased us for the last month by saying on March 31 or before. It now looks like there was no intention of reporting before. What really concerns me is the change that said an announcement about the reduction in fully diluted shares would come before the first quarter filing instead of when the 10k is released. This could mean that the fully diluted could be a lot higher when they report the 10k if the deals haven't been made yet regarding shares in subsidiaries. This could be why they're holding back the 10k. Some of these preferred shares got converted with NMKT in the .20s(IMHO) and a lot more shares got issued than previously estimated which has caused the big gain in O/S and could cause a big increase in fully diluted. I hope I'm wrong about this, but I always get nervous when companies hold back their report. I know we keep harping on this, but it needs to be harped on a lot more. Share dilution MUST stop. Share dilution MUST stop. Share dilution MUST stop. I'm mad as hell and I'm not going to take it anymore.

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