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Re: Peter_Griffin post# 34368

Tuesday, 04/29/2008 12:40:42 PM

Tuesday, April 29, 2008 12:40:42 PM

Post# of 51429
I think the timing of the revised reserve report and the activity in DFW is not arbitrary. The only time a current reserve report is really needed is to be able to quantify assets.
With Keith planning to ultimately sell, what would be the sense of revising reserve reports annually or biannually.
The time and cost of them are only worthwhile expenses when there are suitors around.

The great thing about Hemi being debt free and cash flow positive is that Keith does not have to jump at the first offer, he can take as much time as he likes until someone hits the minimum number that he has in his head.
I hope he is as greedy as he is smart.

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