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Re: ironhammer post# 1283

Friday, 10/01/2010 7:12:02 PM

Friday, October 01, 2010 7:12:02 PM

ironhammer, Got your PM but I can't respond that way.

Looking over the 10K, it is pretty much what I expected during a recessionary period.

The report is for fiscal year ended June 30, 2010. Now another full quarter has passed. That almost seems like ancient history in today's fast-paced world.

So if that is all of the damage done from the recession, then I would say that Warp9 is in pretty good shape to participate in the recovery. They still have over $700K in cash on hand.

And did you notice that they haven't sold a single share in the entire year?

I believe it can only get better going forward from here. So I'm looking forward to the 3rd Qtr 10Q.

Good Luck.

VV

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