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Re: bluegenesuarez post# 424

Tuesday, 10/30/2007 10:51:06 AM

Tuesday, October 30, 2007 10:51:06 AM

Post# of 20464
BLUE...the ir complained that munipulation was the reason for the downtrend in price. The reason for that is the pink sheet way of business, which means anything goes. To have avoided that would have been follow up. It didnt happen. I note the new poster and he agrees with us both, lol, isn't that safe? lol. But points well taken. He notes, as did I that to get to the AMEX you have to be at 2 bucks, I believe for 30 days. Well, we got to get there and audited or unaudited financials would help. Yes, with positive cash flow , profits would help much more than losses, but, showing the build up of the company, the success of unit one, and the cut in losses as they went forward, all would add to the upward price movement.

Now, tell me if I am wrong on this blue or jake. I was certain, or nearly, that to get to the AMEX you had to have 2 bucks for 30 days and, to the baby Nasdaq, 3 bucks for 30 days. I remember back in 01, they cut more stocks slack on those rules, as many were falling thru their rears and couldnt maintain 2 or 3 bucks. and i am refering to companies that had been around for a long time.

Cheers!