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Re: None

Friday, 03/30/2007 6:54:39 PM

Friday, March 30, 2007 6:54:39 PM

Post# of 85284
I know this is a total stretch...... but bear w/ me fora moment.

A couple of years ago, when Wiley thought things were about to take off, he authorized a 10 for 1 split......It was never enacted but here's the context.

The stock was nowhere near as low as it is now, but it was inthe low cents. I was scratching my head as to why would they authorize a split at this point??? It just did not make sense, especially when they would have had to increase the outstanding shares to pull it off. ( the vote occured and was approved at the meeting) Based on a couple of comments at that year's shareholder meeting, along with some serious thought, this is where I endedup.

He seemed to really think that the business model, at that time, was about to really get traction. (Not unlike now)

The idea was that the stock was already low,...when splitting it won't hurt it,......and as the stock shoots up, everyone's pockets are lined.....I'm telling you that's where he was going, back then.

So the question is "Is that where his head is now?" The company buys some shares back, it also encourages long time supporters to pick up shares, it does a 2 for 1 split (the stock goes from .0014 to .0007 on twice as many shares, big deal) Then the company releases financials and contracts. That's how you line your pockets and hook up supporters.

I know this is a huge stretch, but I would not have brought it up if the circimstances were not similar to a couple of years ago.

I know plenty will disagree,.....heck, I only give the idea 15% chance.

But hey, it's just something to talk about.

dmondial

Just my opinions.

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