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Re: $hellKing post# 7

Wednesday, 08/15/2007 11:00:46 AM

Wednesday, August 15, 2007 11:00:46 AM

Post# of 47
Welcome CuttingRog, and thanks for the info and efforts. No this definitely is not a buy at the moment, just watching. The reported financials were a little depressing but were also filled with 'reasoning' and we'll have to wait and see if that pans out to be true. The company does have a lot going for it and is in a particular line of business that could be 'just at the right time'. Id like to say we wont even consider buying until the down trend stablizes and a bottom forms but with the current 3MM in the OS this is likely to move up just as fast as it moved down. 4.5MM offering coming down the line should help the liquidity and possibly stabilize this from wild price swings; sometimes there can be too few shares in a company.

In the end this may turn out to be a nothing stock, I just thought it was worth watching.

Best of luck.

OTT

Incidentally, where did you hear about this one?

He who smiles at lofty schemes, stems the tide of broken dreams.
R.Hodgson

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