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Re: Skelton post# 74161

Sunday, 08/10/2008 3:20:23 PM

Sunday, August 10, 2008 3:20:23 PM

Post# of 107353
skelton, regarding the form effect being filed by 9/4/08 and all the private placement shares becoming free trading, let's examine this notion of "dilution". let's say theoretically that we are trading around .70 when this happens. the term "dilution" makes it seem as if the stock will get weaker when the float suddenly expands, but why would these private placement shareholders immediately sell for a loss, right at the moment when they could hold tight, use a minimal amount of their capital to push the pps higher, and do just the opposite?

they bought low, and i think these big fish will sell high.

i'm really looking forward to a september kickoff that takes us to EOY and beyond. imo management has probably been using this quiet period to create a lot of shareholder value, and i'm ready to make some serious $$ on whatever shares i can buy at these rock bottom prices. i say this completely independent of whatever Q2 looks like. that imo is very rear-view mirror, and doesn't represent why so many institutional investors decided to buy shares at .70....

jmho.













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