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Re: peng post# 10613

Friday, 07/14/2006 1:24:57 PM

Friday, July 14, 2006 1:24:57 PM

Post# of 56764
Peng, I don't know how the shares are going to get converted any time soon. I don't have any intention of converting mine. I don't know what others will do?. The Preferred shares cannot be traded with Paim. In reference to their own money they had to purchase a bond and they will be liable for its repayment if I understand things. I don't try to predict what other shareholders will do, they were short sighted when they sold out at .0001 and everything you are saying they were saying. I believe that this stock will begin to run and .05 is attainable. If others want to play the timing game so be it. Look at Paiv it had a run to a recent .05 on merger news and this company has none of the excitement that this company offers. Gold is gonna rally and when it does and the production numbers begin coming out no one will get in on the bid. Next week will be interesting. If people are trading their debentures at this price level they shouldn't have taken them. You and I will hear the regrets of many over time. I will stick with my holdings and give my investments time to grow. People cannot stay away from this stock because they know good things are coming. Don't underestimate it.

The company is not dumping any more shares and has no plans to do this. It even sounds contradictive after repurchasing 90% to alleviate the burden. At these levels it won't take allot to push this stock up.



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