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Re: Salve Lucrum post# 76334

Thursday, 11/15/2018 7:22:24 PM

Thursday, November 15, 2018 7:22:24 PM

Post# of 81573
Hi Salve,
Just read the whole third q report.
1. Never reallly thought about it but eight cents a share in Cash and no debt at all. Pretty clean.
2. They increased the set aside for buybacks to 1m and opened a trading desk to buy.
3. They increased their credit line to buyback shares from 750 to 1M
4. They increased their physical space.
5. My hope is the reason there was no share buyback as they were preserving resources as they transition from eco-i-lites and such to the new product line. Pretty smart to me.
6. But as always, could be another lightbulb bust.
7. But if it is a real product, they are set to explode.
Look at the client list for the new PR firm. They certainly don’t need our 12k a month. And they must have reviewed the new product line before committing to do the PR.

Alll in alll- mark me down as the outlier. I think Stewart is super smart and has his shareholders in mind. Our future and his are aligned. The lightbulbs were a bust so he moved on. I frankly can’t wait to see what the new product lines holds. I might be disappointed but I am very excited about 2019.
I call a 5-10 bagger by jan 1, 2020.