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Re: rhumphre1 post# 53276

Saturday, 07/21/2012 10:29:39 AM

Saturday, July 21, 2012 10:29:39 AM

Post# of 148373
I spoke to Scott Gallagher on Tuesday for about 10 minutes and here is what I have. He said they are putting their quarter financials our very soon, I said what about the 2 year financials and why have they taken so long. He stated the reason they haven't put them out yet is because they are "working on something that is completely non-disclosure" over the past 30 days and has taken all of their attention and he could not discuss anything more with me. This is why he eluded to the website, businesslist, was down as well as the 2 years financials being a bit late, because I asked him about if he was aware businesslist was down, and he said he was fully aware and it almost sounded as if the two were related. To be honest, I believe they have something brewing, whether it's a contract, aquistion, merger, buyout, or something of that sort because typically non-disclosure agreements are between two companies. He also said "it would be very positive for the company" if they get it done. I said, "I know you can't give me a time frame or anything more of significance, but when would be have more information about this non-disclosure item, this summer or fall.." Gallagher responded, "No Scott, listen it will be this summer and should be very soon." Take this how you will, but in prior conference calls they been offered buyouts before, I'm not saying this is what it is, but I do know there is ALOT of interest in his company, so a new contract signed with someone of importance would not surprise me, or really anything. Again, you can believe in what he is doing or not, and based on his tone, and everything else, there would be no reason for him to lie to me about that. If he was full of sht, he could have just said business is good and the financials will be out soon, they take time, blah blah blah, but I think they have something big coming around the corner. Again, my opinion, but at this low of a level with strong support at .0005 I think there is a much greater chance of making money at this point then losing. We will see, but I think we get something very positive in the next 30 days, in addition to financials, what that is from what he said is anyone's guess. I wish I had more, but he was being very secretative about the whole thing and sounded excited.