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Friday, January 09, 2009 4:38:14 PM
Why wait? Dont want to compound existing losses and believe my loss will be even greater after the RS.
Once the share structure is addressed, the pump should be on. If the company still has 500M shares, 250 will stay for the sgls preferred conversion and still leaves over200M shares that Peter MAY dump over the next few weeks or months in order to maximize gain from RS or to meet immediate cash needs.
I interpret the "substantially reduced AS" as meaning that instead of being wiped out completely, the end result will be dilution anywhere from 200 to 400% or AS of between five and ten millin shares AS post split.
In the meantime it appears like there may exist a prime flippin opportunity although with a limited window. A quick 200% from todays pps seems possible with GTM-R debut press.
Well folks its down to the wire with the end of the wait in clear site. I know that "Rocky Road" is an ice cream flavor but seems apt when describing the rvgd investor adventure LOL!
Its putting down the white stuff here in Hamilton Ontario Canada and calling for more. Whats the current temp for Florida right now???
P.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
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