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Re: None

Wednesday, 02/27/2013 10:41:51 PM

Wednesday, February 27, 2013 10:41:51 PM

Post# of 1142
Nothing was lost.

Those shares are meaningless. It has been steady leaking for many months. At some point the market maker will create some noise and drive it up. But either way, the 40 plus million shares are all owned by somebody, and there hasn't been any selling for many months.

There will be some movement. You never know when. When it happens, it will be lightning quick. I saw today that they authorized another 250K or so to investigate the officers and negotiate a payout with the D&O insurance company. If you look at the recent billing from certain attorneys you can see that there were depositions in January and lots of work being done.

That will be a nice chunk of money, and that isn't even counting the separate Palm Beach Capital suit against the secured lenders.

I told many of you I also liked MFGLQ last year. It went down to under 2 cents. It is now 13 or 14 cents. The biggest disasters usually have the biggest bounces. Check the price action of that one the last 8 months or so. The same thing can happen here.

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