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Re: None

Wednesday, 11/01/2006 7:50:47 PM

Wednesday, November 01, 2006 7:50:47 PM

Post# of 216
starbright,This may be why no action yet......

"The closing of the transaction is subject to delivery of audits for Sunrise Television Networks, Inc. and its subsidiary Sunrise Broadband of Colorado, Inc."

IMO the deal is done but until these audits are completed and delivered, but, as with all deals, there is always a chance the deal won't get done. Smiley has already assumed the role of CEO so the odds of this R/M not happening are about as low as it can get. Once the audited financials are done it is my impression from the P.R.'s that the company will then have access to the $25 million credit line for which to grow the company. IMO this is a lot of money and should throw a spark into the PPS. This may be a chance to get in early for a nice bump in PPS. I look for this all to happen sooner rather tham later.

Addict
P.S. Sorry for the public reply but I'm still a freebie at this point.

Hypocrisy is the act of condemning another person for an act of which the critic is guilty.

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