McMike, Mypointz, Etc.
I talked with Roy yesterday and asked a couple of questions about the excellent calculations you people have posted on the board. If I may, I will shed a tidbit of light from my conversation: When I approached Roy about the 9 Instit Investors that had to stay below the 10% ownership - his remark was something to the effect that they were nowhere close to having 10% ownership, so our concern about them being forced to sell (thus dilute) to maintain levels in the agreement was laid nto rest:
As for them having retired some debt recently - his attitude was that of: well, sure, that seems pretty obvious with the increase in OS we have seen lately.
As for the 72MM OS number given in the CC and the 10Q - he stated that that was an accounting number that comes from some kind of formula (I think involving some averaging of numbers) and that that was NOT an actual number - so do not let that 72MM number throw off the calculations you guys are Figuring.
The numbers put on this board seem to be VERY close to accurate as for the number of OS we have at this point in time. - Roy did NOT state this. This is just my opinion after the phone convo I had with Roy.
Thanks for all the great co-operative work on this board - A very astute group of investors/traders here. I am so glad to have found this group of people.
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