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Re: lightbeam post# 149957

Monday, 11/01/2010 10:12:49 PM

Monday, November 01, 2010 10:12:49 PM

Post# of 241130
Hi Beamer! let us hope so, but i must urge caution if your in this one heavy. In erics own words he would have to sell shares until he reaches $3.5M in sales.
now looking at the last reported float of about 1.54B and sales under 500K one must apply a little common sense and try to project what the float will be at that point.
while Eric may have tried to keep the commons investment worthwhile something is going wrong sales are lagging and this being a worthwhile hold is done gone imo.
Eric like any other CEO will put his company before commons and the day will come when the dreaded words from him will be uttered and will be in the best interest of the company.
The AS is set at it's level for a reason,what will commons be worth when it is maxed?

GL&GB