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yellowdog1

09/02/06 12:25 PM

#43958 RE: PokerVertigo #43954

Yes, but us looking out about a year see revenues based on only 1 million useres of about 300 million per year. The number of users should ramp up very fast. I believe the profit margin on this will be great. Homegrown plant and cheap labor. Say they make 50%. That gives them 150 million profit. Lets say they have 2 billion shares. That is 7.5 cents per share. Not bad for starting out. than start adding more sales and this thing explodes. This is why we are here. This is not a scam. Real company with a life saving drug. Imo. Woof.
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smartmoney77

09/02/06 12:36 PM

#43959 RE: PokerVertigo #43954

Poker
I see no negative short term for this stock. Even with all of the things you mentioned the company is in a much stronger position that it was before the last run which started with a 1.2 million dollar loan from Nigeria. Now there are two loans coming for a lot more money. Final hurdle toward factory completion. To me these loans are as important as getting the original aprovals.

Burg's comment about price speaks to the momentum factor. I think the stock should have only run to .05 range and stayed there last time but because it is a penny it is a smaller pond which causes a bigger wave that is why it hit .11. That is also why it shot down more than it should have to under .025.

It is the growth potential of this stock that will drive it for awhile. No matter how you shake it the company is in business with the government which means it is a monopoly in my mind. After all we are talking of a revenue potential of a billion with this one drug.

It will stop at the resistance points you mentioned and allow some money to change hands but I think it will go up at each step.

Burg says the main reason for the proposed A/S increase was stock options to entice new high level employees so dilution isn't a real issue.

I'm looking for a five or ten bagger but either way even if I'm way off I think .05 is not far off short term. And sellling under .03 seems silly to me. I played the last run right and think I'm on top of this one too. I think you'll be glad you held 400k shares.

I see a September to remember.
Smartmoney