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Re: RedShoulder post# 8497

Thursday, 05/04/2006 2:04:05 PM

Thursday, May 04, 2006 2:04:05 PM

Post# of 44006
OT: Hawk, thanks for the nice words....

"Why the stall in BIPH SP?" - First of all, I obviously don't know. But they've been having a lengthy, difficult time with the SEC getting a revised registration completed, and have not been free to keep shareholders apprised of events. Without the completed registration the entire SBI financing package is threatened. During the protracted delay the AMEX changed its SP rule so BIPH no longer qualifies for a listing. In general, Mike Weiner hasn't been delivering on his promises or forecasts so there's nothing to move the SP forward.

For any new run up, IMO, we need to see BSX submit products to the FDA with BIPH technology; and/or we need one or more big licensing deals. When those things happen it will be a sudden surprise, so there's no way to forecast when.

Yes, I'm still long ALMI, and have indeed had nice runs up with it and with AMEP.

Thanks for all your great DD, Hawk, and best of luck to you. I haven't heard about your bridge situation lately. Hope that project is now behind you. Take care my friend.
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