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mcmike

06/27/06 1:50 PM

#119 RE: southswell7 #118

the 657K cross was negotiated at a point in time before the current share price hit the .20 range. am not privy to all the details

was undoubtedly done with very longterm holders who have significant profit even at .15.

puts shares into new hands at a higher price and removes shares from a holder who might have releases shares into the open market.

this is a plus imo.

Stephen probably helped put the buyer and seller together. open market buys of these kinds of quantities would raise the price a bunch, so matching an interested buyer with a longterm holder who is seeking a liquidity event makes sound sense.

if only they would have been in contact with Mirador late last August and early September to do something similar...the share price might never have fallen below .15