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allspice

12/15/06 1:26 PM

#217848 RE: rookinvestor #217845

That was one of the issues I was getting at in my post when I said I think they realize now they were sloppy between Aug and Nov and now they are in a strict CYA mode going forward and will word the PRs in a way to receive protection from the forward looking blurb. JMHO.
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gwikley

12/15/06 1:36 PM

#217860 RE: rookinvestor #217845

IMO: No need to "clean up" IMO. The wording at the bottom of the PR covers their butt.."Forward looking statements" basically cancels out the liability of ANY statements made in a PR. Designed that way. IMO. KMPG, Contracts ("closed, signed,etc), AF's......all of it covered and protected by the closing "forward looking" warning. Apparently.....even blatant lies. But that's O.K. This is the penny market and we all know that it is 90% BS anyway. Not complaining about the losses. But it is kind of a wonder that folks here, including myself, expect somekind of radical change to occur. The P/S just shows me that those that thought this up, are basically done and have moved on. Missed a great opportunity. With more deftly handled PR they could have gotten this to .50 or higher. Oh well, woulda, coulda.

This 2nd party transmission of impending PR's is kind of a new twist. Never saw that before. Interesting.