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Re: patchman post# 96

Wednesday, 01/06/2010 4:41:59 PM

Wednesday, January 06, 2010 4:41:59 PM

Post# of 10789
Okay let,s settle for a lower Cash position. What there burn-rate is I have no idea, so the 500.000 they lost within 3 months, could have been a writte-off due to adjustments, without touching the money. But let,s wait to the next filing, then one will see it.
With ref. to GFGU, this deal never went through. I have read a announcment with ref. to that, however, cannot find it anymore. But going through the GFGU announcments, I cannot see, that they confirmed the receipt. I think the cancellation of this deal was in connex problems GFGU - SPNG.
If Vanity is a good investment today, I have no idea. The Webpage is still under construction, so one cannot see any profile. Further, no businessplan out yet. However, after todays announcment, I have put the stock on my watch-list and await further information. Once I have this on the table, I will try to do some DD and if I think there is something to be earned, I will do it, but as of today, I am neutral.
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