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Re: None

Tuesday, 04/12/2005 9:17:21 PM

Tuesday, April 12, 2005 9:17:21 PM

Post# of 173937
worth and madjb awrcf post meeting result

they will do $300M sales for the year

they did say their stock is cheap.. but again state interest to raise money... and they mentioned what they want to use it for.. hedging copper price (buying copper future contracts?)

congrats for those who buy below $3 yesterday
still don't know who sell yesterday... but I think in the long run this will play out nicely.. I've been recommending my friends to buy this stock. I haven't decided if I want to add more at this price...

also still wondering if I should sell some of my AOBO... too much overhang from the private placement..

if AWRCF do a private placement like AOBO (the structure and pricing).. they will be over.. (the stock price it is)

they need to mention how much money they like to raise..
and explain why net income from operation (retained earnings) is not enough... if $10M earning last year and again this year is not enough.. I wonder how much money they want to raise.. if they wat to raise $30M.. they have to dilute 50%....

I found it funny that tehy wanted to go to nasdaq to increase their share price sot hey can sell their shares and then drop the price again after the private placement..

I wonder if this could be an arbitrage play where we bought the shares now and once it's in nasdaq we will sell them before the PP took place..

plus I don't get it with the set top deal.. the option to buy back all the shares for $2.6 per share from the japanese company....
it's complex.. very complex man...
any thoughts?

Stan



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