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Re: Long-vestor post# 5663

Tuesday, 05/19/2009 7:25:34 PM

Tuesday, May 19, 2009 7:25:34 PM

Post# of 8313
I was glad to hear that they expect to submit the application for uplisting this summer, but I wonder how long a process that is? I suppose that is why there was a projection a little while back (if my memory is correct) that the uplisting would happen sometime between Aug and Nov.

A separate question I have is regarding the convertible debenture, which apparently is the reason for the big difference between basic earnings and diluted earnings. I see that they have 2 debentures that expire in Nov 2010 and May 2011 respectively. Does this mean that we will continue to see those big discrepancies between basic and diluted earnings for the next 18-24 months? Or, can the debentures be paid off sooner, since they have so much cash? It is frustrating to have their diluted EPS numbers drop so much from their actual earnings, since that drives their P/E and by extension, the expected share price.

All of that said, I'm still in this for the long haul and only kicking myself that I didn't load up more back in the old days when the price was under .10 / share.

Good luck to everyone!

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