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Re: stehvestor post# 24420

Tuesday, 06/14/2005 3:17:53 AM

Tuesday, June 14, 2005 3:17:53 AM

Post# of 341699
Stehvestor -- Getting caught-up. Don't know whether or not your question about "Why" was answered -- I'll take a shot. Trying to nurse along a pink sheet company to a fully reporting status/better exchange takes time -- patience & lots of capital. Much faster & cheaper to merge with an already fully reporting company (thus becoming fully reporting)than to struggle with "SEC filings." Eventual goals of a higher stock price/better exchange = AMEX (?) achieved quicker per this merger rather than on its own. Probably saves a year or so in time and big $$$$. Good move on Peter/Bill's part...Believe me I don't drink the koolaid and have had major differences/problems with some of their decisions. Agree stock is cheap risk vs reward but over extended as is....My Best