Monday, December 27, 2004 3:23:22 PM
The february quote says the subsidiaries completed, so if not 100% owned subsidiaries ...
Matin is the most perfect example I know of lack of clarity. He is clearly deceptive as well. The only question I am not clear about is he 100% lying often. If he is, I hope the SEC catches up with him. I question the lack of clarity and deceptiveness as something that SEC should allow even if he skates by on completely lying.
One possible explanion is veltex now wholly owns KCA, but the Mill may or may not be wholly owned.
Does anyone believe that even with KCA wholly owned and lets say 51% of mill owned that more than $3-4 for this company is reasonable evaluation without an end of negatives and a long string of positives forthcoming to allow a more compelling evaluation.
sam
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