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Re: AAAtrades post# 74

Thursday, 01/21/2010 12:40:03 AM

Thursday, January 21, 2010 12:40:03 AM

Post# of 102
25 BAGGER FROM HERE when i make DD i put in all my 20 years of expertise in these penny stocks,well this had gone down just on the news of that default which actually may not come as trafalgar is holding almost 50% of the stock and they know what potential such companies have instead of decalring the default and compelling teh company to file insolvency i feel they will look for a potential buyer who could pay for the debt and make teh necessary expansion as they know in such companies only software cotent and patent have values and as such in BK they will have very little recovery.

Further look at that 10Q the debt of other 2 shareholders have been converted into equity at a whopping .70 cents per share and that too for a amount worth 6 mio USD do you think thse guys will just have their investments valued at this price of .01.

Look at Gtech the brazil company worth now 5 Bio USD was worthless just 5 years back.

And let me tell you NWMD has infact more sound technology than Gtech and i feel soon they will have the investments to prop up their value.

And just see with a trade of just 59000 shares yesterday the stock is up than imagine what will happen if you see the O/s too small with the two large investors along with trafalgar i feel are controlling close to 70% whil the managment might be holding almost i feel close to 25% to keep their majority holding than that leaves a i feel a float of just over 4% in public so think of that and grab what ever you can at these throw away prices.

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