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Ecomike

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Re: sanosurfer post# 78

Monday, 03/08/2010 12:54:44 PM

Monday, March 08, 2010 12:54:44 PM

Post# of 1435
Only counter argument I can make on that is there was enough new demand to soak up 36 million new shares at .065 on the financing deal, which makes me feel like .065 is reasonable price here. If the market cap gets moved to 115 million after the merger, that would support a .10 price with all the new shares. We have not seen an ask under .065 in week now.

Yes, once the merger is over, there may be a chance to buy some dumped shares at lower prices this year at some point, But I think we will see at least .10 to .12 in the near future too. I am glad to see the offer double today!

We will see! LOL.

GLTA
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