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Re: Lucky Loser post# 6280

Saturday, 07/09/2011 3:25:42 PM

Saturday, July 09, 2011 3:25:42 PM

Post# of 163722

Lucky,

I have every intention of sticking around. Have never sold a share.

By the way, both the .pdf and .xls of the Sweden presentation show fully diluted eps of $.45 for 2011. This provides the best income picture, imo.

The copies I have diverge for eps after extinguishment of debt. The .pdf adds $.05 to earnings, and the .xls subtracts $.05. The .pdf should be right, assuming new shares are sold at $1.50.

The presentation also projects almost 200% revenue growth 2012 over 2011. This never, never could have happened without selling the dairy business.

Also, they plan to buy back 5M shares, partially upon OTCB listing.

I do not understand why they don't borrow money to extinguish deby, rather than issue new shares.
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