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Re: SouthSea post# 422

Tuesday, 03/12/2013 3:57:58 PM

Tuesday, March 12, 2013 3:57:58 PM

Post# of 21850
I listened to it again (around 11:19 mark)in which Wayne talks about the company. Private shares sounds to be closed now... in a quite period since this was recorded 2/27. Not sure what a glass ceiling means: maybe where the company would like to be at an evaluation (that would put them at 100 million) if they were to sell. That does make you look better.

I don't know and the price. I can not speculate on the price since it moves around so much right now. We could see above 2.50 or we could see .02 I just don't know. I guess it would depend on how many shares are bought, when they are trade-able, who has previous shares and when do people want to sell. Oh and whatever the company has for news should make us move.

Of course, if our share structure was 1 billion, I would be more worried, but shares are tight and most of the insiders shares have not been issued yet.

IMO

All post are "IN MY OPINION" and should not be used as investment advice.