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Re: lurker27 post# 91595

Wednesday, 05/11/2011 8:47:41 PM

Wednesday, May 11, 2011 8:47:41 PM

Post# of 103302
I have to disagree with you here. Once a registration statement is filed it is a public document. There is no guesswork. Sure there is some uncertainty as to the amount of time it will take the SEC to deem it effective, but that's one of the reasons we take our time to do things correctly and work with very high caliber legal counsel just as we did with the EFSEC permit.

My experience with securities and particularly micro cap securities is that there is much greater speculation and emotion associated with the trading rather than the very linear approach you are suggesting. My uneducated guess is that the stock will trade up on the filing for emotional reasons as well as for the very logical arbitrage that the shares will command a much higher valuation as an OTCBB security as opposed to a pink. Again, this is just my personal view, but I can tell you that as a company we wouldn't go through all the effort if we didn't think it would yield a better valuation and I doubt we would need to wait until the process is entirely complete to realize some of that benefit. If that does happen perhaps we'll buy shares back and reissue them in a secondary at a better valuation once we are on OTCBB.

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