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Re: wireliner post# 1842

Tuesday, 10/16/2007 6:57:44 PM

Tuesday, October 16, 2007 6:57:44 PM

Post# of 187251
AFAO has 1,450,000,000 shares outstanding approximately. Three weeks ago there was 1,594,000,000 shares OS. They obviously cancelled those 144,000,000 free trading shares held by former Superpro management. They put out a PR about cancelling those shares last month. I've been calling Florida Atlantic every week just to see what these guys are up to. So far the shares OS went down, not up since the new guys took over.

AFAO market cap of only $1,400,000 is an absolute joke (.001 per share times 1.4 billion shares OS=1.4 million)


They have two artists signed to major record labels. They had 3 million in revenue first 18 months in business. This stock could justify support at a 14-20 million dollar market cap easily where their business is right now. That would put the share price at .01-.02 not .001 where we are now. This has 10 bagger plus written all over it.

As far as the stock buyback, reread the press release. I think they were planning to buy back shares from people holding restricted shares eligible to become free trading. They could make those deals behind the scenes and we would never see them on Level II. If TA tells us shares OS keeps dropping we'll know that's the buyback of shares by management.

If I'm right that's a better buyback then in the open market. People with restricted certs who get the legend off tend to dump regardless of market conditions. They just want their money.






2008-The Rainmakers Moneymakers. stock symbol RAIN
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