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Re: oilin07 post# 7972

Saturday, 12/17/2011 1:32:39 PM

Saturday, December 17, 2011 1:32:39 PM

Post# of 54377
It's always nice to see some new names coming to this board, saying what a few of us have been saying for some time now. This company, by all reasonable appearances, is incredibly undervalued! I don't believe the $2.50 valuation is that far fetched at all. We've had that discussion here before. With everything that this company has in the works, $0.50/shr is still cheap, IMO.

The only thing that could bring us problems is a misstep in financing, causing more dilution than planned; however, management is very interested in keeping that from happening. I believe that that is a root issue with Rainer's $60,000 stock purchase. That gives the company a huge cushion for debt relief and note buyback. That was a direct buy from the company, giving them $60,000.

This stock has been a victim of a lack of exposure, but as far as I'm concerned (and others) this proves that management is truly focused on fundamental growth of the company and not hyping the stock in a P&D scheme. I am very comfortable in holding this stock for huge future growth, which is something I'm NOT comfortable with in the vast majority of OTCs.

I believe we have great things coming just over the horizon!

Never take my word for anything; I'm just some Schlub trying to make money, like everyone else. Sometimes, I'm right; sometimes, I'm wrong. Never trust your money to somebody else.