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Re: bitter_genius post# 2639

Tuesday, 11/21/2006 8:35:13 AM

Tuesday, November 21, 2006 8:35:13 AM

Post# of 30568
Nice post. 51% of Sino is worth more than the current market cap we have for SEIH imho. If Sino were spun off and marketed to the investment community as a rapidly growing medical and technology wholesaler doing business in China it would have a market cap on its own of $8 to $10 million minimum imo.

As for Redwood you are correct. It would be very nice to get an update because each deal that is closed is worth so much. Redwood is how SEIH can grow by leaps and bounds. In April I believe they said they had 6 companies in the pipeline and expected to close 1 or 2 before the end of the year. It took 6 months to copmlete the Fushi deal. So hopefully one is right around the corner. They said they would not comment on a deal until it was complete.