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Re: Sprycel post# 36553

Wednesday, 06/18/2008 4:29:00 PM

Wednesday, June 18, 2008 4:29:00 PM

Post# of 49486
If we run again in the near term, I will likely trim off some of my holdings. Bulls make money, Bears make money, Pigs get slaughtered. I've been a Pig a couple times and learned my lesson. (Why does it seem that you have to make a mistake more than once to learn???)

Anyways, I think a lot of people are again reading too much into a simple PR.

In a lot of ways, I wish the PR was never released. In it, IAHL as much as admits to breaking the advice of those stock rich attorneys and announcing something. In a deal of this size, I really have to wonder who that PR was addressed to and why. The PR troubles me to no end for that reason.

In the longer view, this would seem to imply a great future for IAHL. I have to believe that we, as shareholders, are going to get diluted in terms of ownership but I don't think it will be dilution in the traditional pink sheet sense and I think it will likely diminish our returns from "wildest dreams" to somewhere between "once in a lifetime" and "phenomenal". Those parties providing funding are going to demand more than their fair share, as is their right. It will just come down to how IAHL will accommodate them.

Regardless, looks like it will be a fun ride.