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Re: Badge714 post# 28109

Wednesday, 12/26/2007 1:11:14 PM

Wednesday, December 26, 2007 1:11:14 PM

Post# of 51429
I suspect, and have no evidence, that because insurance has been so slow to settle claims from last spring's floods that KAA came out of pocket to help get wells back on line.
After all, where would revenue be coming from if they were underwater.
I can live with that share increase. At least he has told us his shares are in certificate form and do not create more dilution in the martketplace.
And in that position, a share buyback by Hemi becomes even more attractive to a shareholder holding 25% of the outstanding shares. JMO
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