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Re: Mike Rossi post# 18852

Tuesday, 09/21/2010 11:06:22 PM

Tuesday, September 21, 2010 11:06:22 PM

Post# of 23619
legal fees(?) + monies paid to barnett amount to $530,000.00 + money that was SPENT in q2, there is money "due" to "gulf gate" of about $200,000.00, all other debts are fully in control of the company / management. Note they do not state goodwill, or intangables etc = overall balance sheet is clean!

looks like the company is possibly capible of bringing in 2.1 Million dollars / year at this point, and we still don't have details regarding lanza. Interesting is that the company's "paid in" about 2.6 M, give you an indication of the age of the "company" imho the financials are fully doable in that case having swept away all of lanza's garbage no doubt the accountants have some splicing to do, but imho its all doable and good!

all in all revs appear to be proven up to 1 cent a share, puts this company, RIGHT NOW, AT 5+ CENTS A SHARE in value, easy, more as more info--expect stock price to resume appreciation

good luck to all,

not quite enough info do demand that the blowhards remove themselves from the board, but otherwise goode enough--not mad at barnett anymore...

Real