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Re: None

Saturday, 01/28/2012 5:47:55 PM

Saturday, January 28, 2012 5:47:55 PM

Post# of 652332
BNVI and IAMLEGEND - my take: I think they put the news out on Friday to give investors the weekend to digest the news. If they did pre-market release or during market hours, the panic selling would have been worse, imo.

Think about it, at the current pps, they probably were not going to make a dollar by the deadline in March anyway. Instead of a reverse split, which are typically bad, imo, they decided to go ahead and be de-listed ahead of time. This actually will save them $'s that they would have had to spend to remain listed.

As far as I can tell, nothing else has changed. I would not be suprised to see the pps at least back in the .20's next week.

If the stock tanks early Monday, it could present an excellent buying opportunity.

Btw, Legend, I saw yesterday, you were apologizing about what happened. As several others told you, you do not need to apologize. No way you could have known. Besides, just like I said above, would not be suprised to see it work it's way out anyway. Keep bringing us the tips and the charts like you have. You are doing good work!

Thanks
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