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Re: bosco99 post# 87747

Thursday, 03/03/2011 11:36:43 AM

Thursday, March 03, 2011 11:36:43 AM

Post# of 103302
You are using asset values and guesstimates

Given there are no SEC filings, then what are you using?

Sancousy may be considered a rough tax estimate, but is there anything better? It's also unclear how much if any his estimate of construction costs translates into debt against that construction eating into operating cash flow. Along with how favorable loan terms might be. Yet to be determined is how the California site will be financed (e.g. using NH profit as collateral, stockholder dilution)? Until a 10K or at least a 10Q comes out your guesstimates on PPS are herd emotions.

If unbridled enthusiasm causes this stock to hit the lastest wild prediction of 0.03, I'll sell my remaining 1M shares very quickly. Likewise if the thundering herd goes off the cliff in disappointment, I'll buy back the 1M I previously sold if it drops back to the 0.0020 or less range. Either way is fine with me.

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