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Re: Stock-Whisperer post# 10917

Monday, 04/26/2010 9:45:56 PM

Monday, April 26, 2010 9:45:56 PM

Post# of 13553
"its pretty obvious that they put the forward split on hold, in view of the new BB company/vehicle coming into the picture"

That is not true. The new BB company/vehicle came into the picture (was acquired by Trahan and Baldwin) on the same date Trahan and Baldwin announced the forward split to the public in November, they didn't just acquire it without already knowing their future plans for the company. Thus they did not decide to put the forward split on hold because of the new BB company/vehicle coming into the picture. When they announced the forward split they had to have already known about their future plans for what would become EPRO(especially since it coincided with announcing the forward split in MEVT). Not only did they already have future plans for EPRO when they announced the forward split, but they then waited until AFTER THE DATE OF RECORD to postpone the forward split. A company that really cares about their shareholders would have never waited until after the date of record to postpone something and then it became even worse because it turned out to be a complete lie as we never heard another word about the forward split from them and were specifically told we would.

"i think its safe to say that management genuinely wants the share price to go up, and really dont want people to lose their money"
I do not believe that it is SAFE to say that management genuinely wants the share price to go up and really don't want people to lose their money. My reasons for this are the lack of bid support by management and current price movement (to new ALL TIME LOWS almost every week) the last few months. If management really didn't want people to lose their money we would have had more bid support from them so the stock price didn't keep plummeting. Until management demonstrates otherwise, it is safe to assume that they haven't done anything at all about the falling stock price (bid support, updates, transparency, etc.) and thus do not care if the current group of investors has lost any money at all (and we have lost a considerable amount). They have to prove that they care, we can't just believe they do with absolutely no evidence of it, and lots of evidence to the contrary.

On a separate note, one of your posts says that MEVT/EPRO will obviously become one company moving forward. Why do you think that? I was under the impression that is not even a possibility because for a merger like that to take place MEVT would have had to have been a fully reporting company for the last two years. Since they have never been fully reporting, they can't merge with another company.
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