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Re: flaflyersfan post# 6167

Thursday, 05/29/2008 9:47:24 AM

Thursday, May 29, 2008 9:47:24 AM

Post# of 97362
we dont know what JPT reasons for going public are and they may have merger plans with another company for all we know. I think this is a totally different animal than fccn and gglb. I don't trust Peacock but I really dont think he is driving the train here. This is a pure spec play and we know there is dilution going on. Would I trust Peacock to walk my dog across the street NO WAY. Do I think a reputable company like JPT with an investment banker is going just screw us I doubt it. If you want to play this just buy as cheap as you can. IMO I assume the dilution is to pay for the deal and pay off old creditors. But I wouldnt be surprised if Peacock screwed the shareholders like he has done on all his other plays.