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Re: konshe post# 26493

Wednesday, 12/11/2013 1:11:32 PM

Wednesday, December 11, 2013 1:11:32 PM

Post# of 98667
Debt problems? Where did you get that idea?

If anything the conversion of shares for debt holders is a boon for the company as these are shares already provided to holders in exchange for funds previously invested long ago. This allows the company to settle those debts without using cash. That debt reduction looks good when coupled with the company's profitability.

Why don't you do as some here have suggested and use an absurd number of shares that could have been added to the float. As long as that number is less than the A/S it'll work.

Even then you will see a company trading for far less than it's book value.

Debt problem? Puh-lease!

If anything this company has a lazy investor problem. Too many folks jumping in and out with zero DD and even less understanding of the company's value.

As Blue likes to point out, show us another micro cap with earnings like this trading at this level. There are numerous dogs out there trading much much higher with huge O/S and zero earnings. Now explain that as anything less than lazy investor DD.


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