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Monday, July 05, 2010 5:18:19 PM
I would highly highly recommend that you do not reverse this stock as that would only give these evil market makers more reason to take it down rather than up (and it will go down and we will be at the same spot but with much less shares and balance). What about the private placement? Does it not look reasonable?
Dont worry, I am not going to reverse the stock. The Company cant spare the funds at this point to achieve that anyway. The Private Placement does look reasonable but I would have to give away up to 50% of the Net Revenue Interest in the lease prospect. It is still, in my opinion, best to make Arcland pay the monies they owe and keep the full Net Revenue Interest in currently held properties or in producing property acquisitions.
Is there anything that we can do to help you?
Wow, I have to say that question is one of the most positive, kind things that any investor has ever said to me. I reluctantly say, 'no worries, I got this," but I may quickly regret that comment.
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