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Re: diversified holdings post# 12035

Saturday, 05/27/2017 9:03:39 AM

Saturday, May 27, 2017 9:03:39 AM

Post# of 14845
First let me say say I am in and long... Hoping this works. That said you are saying that ERF is still doing 6.5M in sales today? I thought there was no operation and it is just a shell. The idea was to use the structure and stock to do deals and grow through bringing private companies on like Accordant. The headwinds I see is 700M shares out and anyone that holds the stock that feels that the plan is not working fast enough or at all may bail on up ticks and then limiting the value of the currency (stock) to do additional deals. That said if the stock get locked up and private companies allow themselves to join in and add their revenue to the company maybe it works. Pipeline is a tough concept... There is no deal until there is a contract, really there is no deal until the check clears. I hope that Accordant is happy and head down. They seem like a good but very small company. .12 would put the company at 84M... seem like a stretch. I hope you are right. I have no idea what the short position is, I would not be short for sure.

Good luck to all of use longs.