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Thursday, January 06, 2011 5:01:17 PM
- A/S Increase
His Answer - Was mainly done to prevent a hostile takeover as he stated there have been several attempts over the course of the last 3 months and he believes they will not even come close to maxing out the A/S
- New Contracts
There are several in the works and we shuld begin to see a steady flow of news announcing them.
- Stock price
He stated he has been told by many in this market fair value would be anywhere from .35 to 1.90 pps. Now that was with a share count of 500 million so it would be safe to say the fair value now would be .05 to .10. He also mentioned there would not be a reverse split in the future. Also he believe the last of the note holders on their debt have just about finished selling their shares.
- DMD purchase
This was done to create a company for an existing customer base serviced by another company that will be serviced by DMD, He expects to be sending ouit news very soon covering this.
- Possible Pittsburg contract
The City of Pittsburg has still not chosen a vendor for their street light uphrade and he mentioned that Hi-Score is still in the running to be chosen for this project.
- I asked him where he felt the share price would be six months from now......He states that he had hoped with the upcomming contracts and the Debt all but gone he would hope to share price would be raning between 5 to 20 cents per share with the current share structure.
So there you have it.............lets see if this guy can pull it off since under his watch the stock has become all but worthless.
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