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Re: claymolly post# 12310

Wednesday, 08/25/2010 12:04:34 PM

Wednesday, August 25, 2010 12:04:34 PM

Post# of 29739
I think an SEC Investigation would be good news for the share price since it may cause any shady characters to have to leave the company. If it did an 100 to 1 reverse split the reset price
would go to .70 cents a share and the outstanding would be approximately 5 million shares from the posts I've seen here recently. I think they would not make the big mistake to mistate their actual financials to the SEC; its one thing to mislead a shareholder but to mislead the SEC is worse I think.

If they post a 1.5 million profit the price would be .30 cents a share at a PE of 10 suggesting a value of $3.00 per share assuming he's done diluting the stock..

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