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Re: None

Tuesday, 11/22/2005 10:09:57 AM

Tuesday, November 22, 2005 10:09:57 AM

Post# of 14027
At this price the risk is outweighed by the potential. The fact that they have hired a CFO, that has been part of a publicly traded company, a well known one at that, means that they are going to do their best to get it done. If this person (A BIG IF) is on the up and up, and has his "stuff" together, he has been going through the process, and the books with the company. I hate it when someone says "hey lyamec bought so its got to be a good deal" which is just so much bullshit I cannot stand it, but you don't go to work as a CFO without doing a fair amount of "interviewing the company" as well as the other way around.

His CPA license is on the line, and he has likely a good understanding of the future plans, and the fact that he "signed on" means that at very least they will be doing their very best to make this whole thing happen. Whether or not they will, is another story, but this lends credence to the theory that this company is NOT JUST A BUNCH OF SCAMMERS.

100% loss is still 100% if it's from .6 or .2 or .015, but at this point they have shown that they have made progress, and are on track.

It's a good entry point from here IMO.

Strong buy. (can't believe I typed this)