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Re: WinOneGipper post# 5928

Thursday, 05/17/2007 12:57:15 PM

Thursday, May 17, 2007 12:57:15 PM

Post# of 9101
Gip, I agree with your comments. This board has done good work on a number of fronts. It has had to do a lot of heavy lifting because of manamement's secretiveness and disingenuousness. No company can be 100% transparent (or anywhere near it). But there are responsible and sophisticated ways to manage the flow of accurate information. If done skillfully, investors can be made to be quite patient. My point is simply that I don't believe the company and its indirect proxies realize how much damage they do by playing loose and fast with information.

Of course, a real revenue breakthrough would go a long way toward reducing the immediate term pressure. Short of that, I would certainly derive confidence from a major ($5M to $10M)cash infusion by Pickett and Musser (without terms onerous to the investor base...i.e. a simple loan at 6% to 8% with little/no warrant coverage). It's certainly not my position to tell anyone else how to spend their money, but that would be a reassuring move for a very jittery group of investors.
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