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Re: TakingProfits post# 37

Monday, 10/22/2007 5:05:58 PM

Monday, October 22, 2007 5:05:58 PM

Post# of 2853
IMO this company looks very good on its own, but the affiliation with the Red Hat Society makes this even that much more interesting. Currently the flag ship production for SIBE is "Hats", which is endorsed by the Red Hat Society. The Red Hat Society is approximately 600,000 members strong, spead over approx. 25,000 chapters. As was mentioned earlier by another poster, that is a lot of market power. So now that things are coming together for SIBE, it seems a reasonable assumption that many of the Red Hat members may want to own stock in the company that is producing the "Hats" show. If that is the case, let's say only 1000 members out of the 600,000 decide to invest in SIBE for say $5,000 each for a total of $5MM. $5MM @ say $2/share = 2,500,0000 shares. Then of course there are the retail and regular pool of investors to consider. This stock appears to be trading very thin and the O/S is very low at approx. 13MM shares outstanding. You can easily do the math on the supply and potential demand for this stock. This senario could lead to very strong upward movement of the PPS on this stock in the coming months. Perhaps this is already one of the driving forces for the steady PPS climb of the last few days. This is just a hypothetical scenario, but to me very plausible and interesting to contemplate.

GLTA
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