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Re: Spikes Wire post# 684

Friday, 11/16/2007 12:59:02 PM

Friday, November 16, 2007 12:59:02 PM

Post# of 4745
Tell me more about this Dan. I Know he was involved with Smarts Oil and Gas and I think he is gone for there now. But, what did he do with Resolve, and did he truly GET all those shares, or were they taken away from him?

I agree that the stock deserves to be about $2 right now, and $3+ in a year. I think part of the reason they are down now though is the screw up of the merger with ELS, not becuse of Dan. They seemed to be doing well until that happened. They had a nice gain for 3rd quarter 2006, and then the merger happened in the 4th quarter, and it all went to heck. NIce to see it finally coming OUT of that, and I think that with the higher revenues now ($260MM this year?) and turning back positive in earnings that it is a JOKE that the market cap of this stock is at $11MM. How many other stocks trade at 4% of revenues? None that I know of!

Anyway, tell me more about Dan and how he fit into RSFF. That was before my time and I don't know enough about that situation. Thanks.