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Re: buckfish post# 1471

Thursday, 06/15/2006 3:46:45 PM

Thursday, June 15, 2006 3:46:45 PM

Post# of 2742
As you know, insiders cannot release the information that you requested, and I know that Mr. Steckel is quite aware of the SEC rules. In their efforts to graduate to a higher exchange, they even had to let go the Hispanic cleaning lady that they used, because she was not an employee and was not bonded. There is a lot of internal security that must be in place to protect a company's books from prying eyes, and that included her. Too bad, because I'm sure she needed the money, but in order to be in compliance with regulations, the company has spent a significant amount on legal matters regarding the upgrade. We discussed this also.
I think that the company is not going to have much difficulty in filling orders, as the cost to purchase, package, and ship is very low. I would estimate that the gross profit on shipped product is one many companies could only hope for. Maybe 80-90 percent. Price is bouncing about a bit, no signs of any significant movement. All is calm, all is bright, I guess.
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