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Re: xanadu post# 92432

Sunday, 02/05/2006 12:49:37 AM

Sunday, February 05, 2006 12:49:37 AM

Post# of 286607
xanadu: I wouldn't say the R/S talk has no basis whatsoever to be seriously discussed. Think about it. The SOLE reason why it got diluted by another 1.8B+ shares this past quarter is because they've only started to tap into their 15MM convertable debentures. They still have about 65% of them left to tap!

To think this thing can't go to 5BB or more shares is VERY wishful thinking, IMO.

That's a lot of weight for any company to hold-up for any duration of time. Do you seriously expect them to stay on the OTC:BB forever if they go as far as we all think they can and one day be a SERIOUS contender to NetFlix? I don't, and right now I don't see any way for them do do so w/o an eventual R/S. I think there are just too many O/S shares now to think that a stock buyback can do it and to think that if the O/S goes up another 50-100% in the next year or so, forget about it completely, IMO.

With the flippers around here...we see what kind of damage they can inflict.

With that said, I too was very impressed that they jumped up like they did and I like the thoughts offered as to why they may have wrapped the 10K up so soon. I too agree after reading the thoughts, that yes, the US Gov't probably would like to see that their military can be supported 110% for any commodity/service offered before signing anything. I think this even moreso than CC.

lns