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Re: CEOA1US post# 103

Friday, 01/23/2009 12:22:01 AM

Friday, January 23, 2009 12:22:01 AM

Post# of 9926
I'm willing to wait for the 10Q. I don't believe their out of the woods yet. But hey I,m encouraged by what I'm hearing so far, and again at this price. I've already made a few trades in and out of the stock. I will eventually stay long when they have turned the corner to profitability.

In addition to absorbing ESSI's quarterly revenue, EMTA Holdings was also able to pay off one loan from Sauk Valley Bank of $340,000, and it paid down another loan by $50,000.

Their paying down debt from ESSi's cash flow. I don't think they are using draw downs against receivable financing?