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Re: JUSTHESOLFACTS post# 13583

Friday, 04/09/2010 12:17:16 PM

Friday, April 09, 2010 12:17:16 PM

Post# of 14386
I haven't posted in a few weeks but have been lurking... I still hold my shares because I figured the amount of my investment I'd get back by selling at .15-.20 isn't worth it. I'd rather take my chances (there is the risk that this will go to 0) and hope that it will go up in the long term.

After reading the letters of resignation I feel a little bit better about my decision. Although, the quote from Anna's letter that you found was one of the things that stuck out to me too when I read it. How can there be arguing if one of the arguers hasn't been seen or heard from?

I hope Lee Cole's statement of "With regards to the net assets of the company, at the last Q these were stated as $26 million. When the company's financial statements for the Year Ending December 31st 2009 are presented I am confident the net assets of the company will be in excess of this figure." is true. That gives me some hope and since his resignation letter was dated on Feb 25 it was probably the basis for the PR that Linden released in early March stating that he expected no material changes.

I was also encouraged that he said he "will continue to cooperate with the company until all recent regulatory questions are rectified". But the thing that concerns me is what amount of trust can we really attribute to the statements of Lee Cole?

Sorry if I'm babbling... just writing what is on my mind after reading everything today.

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