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Friday, March 16, 2007 5:12:23 PM
Mike has stressed to Fred the need to issue PR's to the shareholders. HISC realizes that the long term success of the company is dependent on sales, and HISC needs to increase sales now, not later. Because of that, Mike feels that Fred is more focused on sales than he is on the short term PPS. I take that as a good sign because it is further confirmation that Fred is not focused (like Moody/BA) on pumping and dumping, he is working hard to make the company a success over the long term.
I know everybody has talked about this endlessly, but the overall impression I got from my visit is that the time and money expended on the BA/FM fiasco put HISC in a hole. HISC is battling to get out of that hole, and the only way out is increasing sales.
One other note just for clarification. There are two Mike's working at Lynx. Although Mike Sobeck answers some investors calls, there is another Mike who works the phones answering investor questions. They both have the same information, so although you may think you have spoken with Mike Sobeck, there is a good chance you spoke with the other Mike in IR at Lynx.
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