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avdave

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avdave

Re: juanly post# 19094

Friday, 01/18/2008 9:52:08 PM

Friday, January 18, 2008 9:52:08 PM

Post# of 29782
Well, since it is known and documented that the stations were silent at the time the PHGI shareholders bought them, the revenue and cash flow were closer to zero, which further validates the fact that the $1.3 million purchase price paid by the shareholders was a BS value by any reasonable calcualtion. Thank you for validating something that was pretty widely accepted by all already. I'm glad you also understand a little better.

Regards.
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