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Re: skunksyard post# 2627

Wednesday, 03/07/2007 11:40:33 PM

Wednesday, March 07, 2007 11:40:33 PM

Post# of 44094
You've interpreted me wrong. It's obvious from previous folks I've been invested here longer than you have, so don't give me the indication that I haven't met all these folks. I happen to think they are wonderful people. It's nothing personal, just business. Jim is one of the most passionate people I've ever met, and a great entrepreneur! My respect is high for him as well as Bill.

If you've read all of my posts, which you have, you'll note that I point out both the positives and the challenges. I think when I've asked the company questions they have been very direct. I have my own personal reasons for asking questions on FC dumping stock, and the answers are for personal use. Not everyone on the call agreed with your rant anymore than mine-it's up to what you use as metrics in investing in small companies.

I haven't accused UPZS of anything, but rather asked if they knew of selling, that isn't accusing. The company holds monthly conference calls for us, that is admirable, and I haven't been on them much, but have gotten some important questions answered the last couple weeks. It doesn't mean I'm not fully invested here, so don't take me as a basher. My investment is large and if they open up an investor forum you can expect us large investors to speak up, good and bad.

I do wish you and I both luck with this. Remember we're in the same boat investment-wise, but please accept that I analyze in a different manner than you do...

Simply put, no one has addressed the fact that they burn $32K per WEEK or $128K per month, and need 180 stores to break-even. You can do the analysis on your own but they need to open more stores. I'm not being a jerk, but analyzing where my large investment sits.

Skunk, if you could, for the board, please analyze your position on the following points, we'll more clearly know your position so we don't have to guess:

1) Your current thoughts on the cash situation and the need for further dilution?
2) Your current thoughts on whom the big seller COULD be, if you don't answer this, answer whether you think they are closely tied to the company, some way somehow?
3) How many stores will we have operational by years end? (my guess personally is around 50 barring an acquisition)
4) Will they need to raise additional cash at the current burn rates? If so, what is your projection?
5) Do you think a Reverse Split is in the cards for the next 3 years, if you had to guess?

It's obviously up to you whether you would like to address these in detail. Again I wish everyone good luck, do your homework, and with a little luck we may make a lot of $$ here. Mgmt has been good to us as far as giving us a platform to speak, we need to now take the training wheels off and let them execute their model.

Even besides the good work of the Vowlers, they have attracted TOP NOTCH execs below them that are going to make this company big as well, so I also give them credit. I know there was kudos given to Clay, Tom, and others in the CC - they don't get enough respect, they are just as important as anyone else. I'm very impressed by the crew assembled. In my opinion they'll pull this off even though I feel the waters will be slightly choppy!

All IMO

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