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Re: Santa Barbara Broker post# 94439

Wednesday, 05/04/2011 12:50:50 PM

Wednesday, May 04, 2011 12:50:50 PM

Post# of 103340
Thank you for posting the truth again as I posted it and helping me to remember some added information...

The truth is this company is turning around..
No dilution in over three months and working with current revenue at a breakeven pace..

A new CEO will be stepping up..

My Guess is kendrick and that he alreadys has locked up a ton of shares..More than likely was the entity that was to privately fund etc and was also one in the same seeking controlling interest..Ties with LOWES and HD and soon to be CEO..was to step up by Jan but the equipment failure set all timelines back..That has been corrected and production has increased..Very nice indeed..

The company is now working with Armstrong along with LOWES

Nuff said..Huge companies who vett the companies they work with before they order from them..

The company has rehired the employees laid off and production has increased..The new company EXPO picked up..CIMA..has increased their orders and has a backlog they are already working on..

All fact not specualtion..CIMA also has no competition in the area..That is a huge plus

The company has not diluted shares for over three months and has no intention of doing so as well as no RS is planned..The recent dilution was equipment failure related and yes..they got the equipment fixed as fast as they could regardless of what some think..

In fact the company just announced again no dilution or RS coming..Prediction of one of those to occur before the end of May or beginning June now seems to be a bad guess..

The company is working with current cash flow..

That's correct..I agree and revenues are increasing as well..

Real company..real products..

and I forgot to mention that past management are still not collecting pay..Expenses are being mitigated through that and the new company NRS paying the company for space and for MFGing costs..Debt has decreased and Equipment is getting paid off..

Close to 40 employees are working for the company with the majority being full-time

Some employees are retired from LOWES and one was an executive at LOWES with many years of experience..

The majority of shares are in the hands of insiders and friendlies that have no intention of selling their shares at these levels..

It is estimated that insiders and friendlies own well over 2 billion shares..They are not selling at these levels...veno


To each their own..do your own DD..and the longs win here..All others are non shareholders or flippers..