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kermit42

11/16/06 4:22 PM

#17446 RE: Pennies88 #17445

I can live with that. The shorts know they're short. The NOBO is for MOMO.

The divy on the other hand--that's to convince the shorts the time is NOW.
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db7

11/16/06 4:22 PM

#17447 RE: Pennies88 #17445

that would rock! hopefully vfin is gone by then
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LCLiving

11/16/06 4:43 PM

#17449 RE: Pennies88 #17445

Pennies, I just got off the phone with Larry and he said that they will be doing the divvy clarification and NOBO on Monday. He said that he hopes to have a China update with it as his guys should be in China about now and should be reporting in sometime tomorrow. If all is well with this trip he feels that Mrs. Hui will be meeting him in Frankfurt next week. If I remember correctly that is what he told WTL earlier today.

As for the divvy, I told him Monday was too late to do us good with the divvy and he said they will extend the dates to probably the 24th to buy and the issue date 3 days after. The shares are going to be restricted for 4 months because Soma is a Canadian company and that is the rules there. The warrants if exercised will be free trading immediately. He said the plans are to IPO Soma at $1 so that divvy will be a real nice one, imo.