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Re: sammyk post# 144970

Wednesday, 08/11/2010 12:12:18 PM

Wednesday, August 11, 2010 12:12:18 PM

Post# of 344038
I agree Sammy, in my conversations with both Watson and IR in the past I mentioned just that. IMHO - to get the pps to move in the near-term, the market and analysts of the market need fins in order to formulate a proper appraisal of the company. Watson himself stated the company's books are indeed prepared by bookkeepers and reviewed by CPA(s). Therefore, I'm thinking that fins for the 2nd quarter should be prepared by now (they're going to need them to be in order to up-list). Why not have Watson and/or the CPA(s) sign-off on them and release them to the public for review (no need to have them audited at this juncture, a simple statement noting that they appear to be fairly stated and in accordance w/ GAAP will suffice for now).

I'm sure, even as of 6/30/10, the company had decent revenues on the books; alongside its current assets, liabilities, expenses etc. Moreover, I firmly believe that the valuation of the company derived from the review of the aforementioned, will greatly outweigh our current pps value; and the pps will shift accordingly.