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Re: holter49 post# 1186

Monday, 06/05/2006 1:55:52 PM

Monday, June 05, 2006 1:55:52 PM

Post# of 30568
holter49, Sure I am, isn't everyone? That is the reason why the pps is down as far as it is and may go lower. Many S3 longs were worried about it and got out of S3. Are you saying that the request and approval of the 8 billion a/s makes the business plan of S3 worthless? What was your estimate of what the pps should be before S3 proposed the 8 billion increase in the a/s, one cent or two cents? If you thought the pps should be .02 before the increase in the a/s, after the 8 billion increase, the pps should still be worth .004, shouldn't it? .004 is still four times higher than the pps is right now. Or are you saying that the amount of a/s is the only thing that matters as far as S3 is concerned? What the Bickels are doing with the company should matter some in the pps calculation. Something to think about. GLTY scoob