Value Microcaps Free-For-All

[Tr8dervic]

ERGO.OB (Last .65) to buy out minority shareholders (199 shares or less) for 2.10 cash. New Proxy:

http://www.sec.gov/Archives/edgar/data/1158846/000110465906078992/a06-24825_1prer14a.htm

Some quick notes;

Recent qtr loss of 1.3 mil was 1.1 mil worth of currency translation. Actual loss was 221k.

Post Sarbox savings of 2 mil for 07 and 08 and 1.8 mil ea year after. That would be ~1.7 mil profit/5.8 million shares o/s = .29 per share profit projected per year 2007 and 2008. Not bad for a .65/.70 stock.

William Comfort willing to buy 119k shares at 2.10. Possible 3rd party to buy any excess beyond that.

1.3 million shares of treasury stock was bought for avg 1.80.

BV = 3.17

I may play this much bigger than 199 shares in a few accounts, lol.

Vic