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Re: Chipwa1 post# 1158

Saturday, 07/05/2008 2:14:35 PM

Saturday, July 05, 2008 2:14:35 PM

Post# of 1179
I read somewhere that he tried to promote the stock before few years back but he didn't seem to get any result ... (when things was very well with the company.)

I think because the Wall Street crooks don't like it when Phil was not in bed with them ... and holding almost all shares in restricted form.

I know that O/S has been unchanged since the R/S. Most shares are restricted and that insiders holds lot of shares. Net book value is over .30 a share (not include lawsuit, if win could add .60 a share right away). Also two new financers wouldn't be stupid to striked a deal of at least .10 a share conversion with .20 and .40 in warrants. I am sure they must think the company worth many times more than that conversion ratio. Othewise there will be no way in hell they can sell all those shares (if to convert) with this big spread and low volume. I hope they will push this to .50, .80 soon and start the conversion ... I am ready for good news and PR campaing.

This is why I can sleep well at night.