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Re: ypsiCPA post# 62

Friday, 01/06/2006 9:41:01 AM

Friday, January 06, 2006 9:41:01 AM

Post# of 119
Good post, S-1. It is quite revealing that Mr. Herzog is committing ANOTHER $250,000 to exercise these warrants at 75 cents, which is not far below the current trading price. This gives Herzog a total of 2.2 mil. shares, and I am guessing a dollar commitment at around $2 million. Over the years, I have noticed that insiders sell for any number of reasons, but buy for only one. Our other members may not know, but John Herzog headed the firm Herzog & Co., which at one time was the largest market maker of OTC stocks in the country. Merrill bought them out, I believe in 2000. So here is a guy who: a.is experienced as anyone out there in OTC stocks/markets; b.is obviously quite wealthy and doesn't need to speculate or leverage his investments, and c. is willing to lend his good name as a director of a company that to date has little revenue and no earnings. This,plus the other factors we know about OLKT, tells me we have at least a 10 bagger on our hands by this time next year, if not sooner.

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