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PennyWorld

05/04/06 7:07 PM

#8979 RE: jwilliams001 #8973

JW, I understand. You were probably wise for toning it down on ihub.

Something happened with FH over the past year. There is a lot of speculation as to why he has turned sour on talking to most investors...unless you have established an insider rapport with him over the years. I won't go over that speculation here. It's old hat. A couple of years ago it was a pleasure chatting with him. He seemed to care about the average SH then, and he would take 5 min to talk on the phone and answer Q. Now he has crawled into a black hole and only talks to the select few that he 'Likes' or those who seem to have helped him move his business forward. Not a wise IR strategy IMO. Not a wise move for the common SH.

Hint: if you are not already on the SH letter that goes out just before the SHM every year, all you need to do is have your stock broker convert a 1,000 shares (or 100) to a paper cert and have it mailed to you. I did this with 5K shares and I received the letter from FH which disclosed the O/S (doubled from 1 year earlier) before any other investors saw the O/S. I guess he is playing by the rules with that. His lawyer approves that correspondence. Imagine you getting that letter 1 month before the SHM and the O/S has climbed to 9B OR it has been reduced to 1B. Wouldn't you take action on that before the SHM where he would then disclose the O/S to the world. The whole process seems warped IMO. But hey, if it's legal, why not take advantage. Get 1K shares converted to paper certs. They will mail them to your home. Then you get on the annual SH letter distribution list.