Redwood Group International (RDWD)

[Sloth97]

Lumik,
I don't care at all that you re-post my RB post here. Everything I post is for anyone to see. Holter had wanted my opinion because he thinks I am closer with Mr. Bickel. Well, this is not really true. I went to the two meetings because I live relatively close to Temecula (2hours close). I wasn't really too motivated to go to the last one because of the long, hot drive. California has had a pretty good heat wave. I go to these meetings for myself but also for the other S3 investors on these boards. I know if someone lived nearby a company in which I invested that was outside California, I would hope they would attend and report back.
I don’t know Mr. Bickel well but since meeting with him on those two occasions, I really feel he is a man of good character. I questioned him and the others persistently about difficult issues and he was honest. He was upfront about Redwood not performing as well as he had wished and that things were going to change. He couldn’t talk about it at that time but now we know Redwood has hired new, improved personnel.
Anyway, my point is that I am not tight with management yet I get a good read from them. It seems the volume has been fairly light lately so hopefully, we have secured a line of credit with a Chinese bank. That would be great. I think if we can achieve the line of credit without diluting too much, we will be set.

See ya,

Sloth

P.S. send me your email if you don’t mind. Scoobey has mine if you need it.