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Re: Ruellit post# 12

Saturday, 06/26/2004 11:58:46 AM

Saturday, June 26, 2004 11:58:46 AM

Post# of 19500
POSC - thanks for the TA - I agree with most of your post. I've checked over all the filings. Take some time. It's an intersting speculative play.


There will be dilution but this first sale into Canada is for 10 machines x 1.3 million. They have an entry going into China and Europe but that's further down the road.

This will likely attract the penny players and the micro players. I am more a micro and go for the real stories with a finite capital structure.

The penny players will probably see how it traded and finished on Friday and take it up to challenge the .13 high. As you suggested, if that breaks, then I see .20.