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Joeiniowa

08/21/06 11:16 PM

#3143 RE: AngelHillCorp #3140

My opinion on a RS is basically alongs the same lines as Angel. I had not planned to bring this idea up to management for at least another 3-6 months depending on how their results have gone and where the price had settled. If the price stays down here I would much rather have them do a share buyback and try to get investor interest to get the price much higher prior to a split. Plus I would also like to see the N2J deal structure to figure out if that might be a more appropriate time. Do it all at once, RS the shares, apply to a major exchange etc... Either way anyone who can not wait should bail now and save themselves the pain that comes with having to live with only a 50% return every few months. Very hard for some of us.

Joe
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chd911sc

08/22/06 12:04 AM

#3152 RE: AngelHillCorp #3140

angelhill...

"A stock split to a new exchange is a very very bad idea ..."

perhaps it would be wise to wait for the n2j merger to be finalized and see how that affects earnings going forward... perhaps the float would be too small and the stock would not have sufficient liquidity... perhaps there is some other factor that i'm completely overlooking. i dunno...

i don't share your belief that there are benefits in staying on the otc. i concur that retailers like us cannot short otc issues, but that hardly means that the brokerages and mm's aren't doing it. i'm not saying that happened with tcll today either. i didn't watch the action close enough to make that assertion.

like you, i believe we have a long-term winner here and i plan to be around to celebrate our wise investment decision whenever that day comes.

regards,

craig.