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Tuesday, December 22, 2009 12:45:52 PM
After my phone conversation with Mr. Rees I would be inclined to buy as much of this stock as you can from now until January 4th.
In other words nothing was said in a factual basis because he cannot disclose anything, but he did say the stock price does not reflect the value of the company and he fully expects the stock to be trading above 10 cents come January. I asked him about share structure and why the OS was maxed and he said the company is planning a massive buyback of shares using a small portion of the funded loan.
Take this for what it's worth.
My take on this is the funding is in place, the deals are being completed and once announced the PPS should jump to the .04's. After that subsequent PR's and more clarification regarding the share structure should put this higher.
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