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Friday, 10/19/2012 9:44:33 PM

Friday, October 19, 2012 9:44:33 PM

Post# of 36036
I got in touch with Renee today. We had a very long and informative conversation. I treated her like I have treated all the CEO's that I have contacted during my trading career. I told her I would consider everything we discussed as confidential and would not repeat anything without her cosent. I can tell you that she is an intelligent, informed individual. Both she and her husband have everything in the company and want it to suceed. We discussed the initial selling, the dumping of shares that increased the OS to its current level. She agreed that she has no intention of reverse splitting the stock. I questioned her about the increase in the AS to 950m. We discussed the options for increasing the cash flow besides dumping more shares. She really doesn't want to do it if possible. I suggested other ways to obtain funding. Everyone knows about the single franchise that is doing very well. She hopes to have one more franchise on board by the end of the year. The hope is to have ten additional franchisees next year. If that occurs they will be financially able to function without additionally weakening the stock structure. I am feeling more comfortable after my contact with her. I know many of you will laugh and condemn my comments, so be it. We have agreed to remain in contact with each other. I suggested a once a month contact, she agreed. I will certainly keep the group up to date with all information I can share. Have a great weekend.


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