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Re: fougedaboudit post# 2982

Wednesday, 11/25/2009 3:18:28 AM

Wednesday, November 25, 2009 3:18:28 AM

Post# of 40986
The 46,000,000 shares is almost all of the shares traded ever since this company was traded from day one. This block of shares are known and accounted for as all can remember that all the shares were forced to be converted. HLLD to HIMR

The real # is close to 49 million shares that have traded since day one. And 5,000,000 was just traded (up to .02) and one could assume that the Martin Janis group could be given credit for this amount within the last 5 months. Except we have some who have averaged down and are still bidding.

The reason for the interest is that I love the concept of what the underwater arm represents. I really like the idea of logging a lake and milling first run woods. I use to run a small mill a long while back. Some of our best wood was wood that we harvested out of the river and beach combed. My favorite was yellow cedar and is so hard to find now. Only available in a big way, at the bottom of lakes. Very valuable wood.

No management has not talked about the process of dealing with the selling interest of the future and I don't think that it matters that much.