Tuesday, July 19, 2005 1:39:17 PM
I wrote:
I didn't see a follow-up announcement today regarding yesterday's
press release. Do you still plan on releasing more information
regarding the recent developments? The press release makes me believe that there will be a serious dilution and a reverse split, is that the case? If so, what is your earnings guidance and what will be the number of outstanding shares when everything is finalized? Thank you very much for your time.
Scott replied:
I apologize. Initially, and until late last night we planned a release for today. However, it was decided that we could release today but not yet provide full details, or wait a couple days and give full details. Thus we're waiting until we can provide more info. Again I apologize for the delay, but it is better this way.
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Looks like we'll have to wait a couple more days for full details about the developments, oh well. I still am very confident in this company, but I'm not overconfident or "married" to the stock. I just need a clearer understanding of what, exactly, is going on before I can reevaluate my position. I don't sell blindly into the herd, I make my own decisions based on due diligence and facts. We'll find out where we stand in a couple days. Most of the "herd mentality" traders have already sold their shares, hopefully their judgement will prove wrong.
"Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed."
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