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bucko158

01/24/07 4:32 PM

#23810 RE: Bawz2wawz #23809

I'm actually pretty sure it wasn't mentioned in the conference call. It was mentioned in response to emailed questions.
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Lurker from Mars

01/24/07 4:35 PM

#23811 RE: Bawz2wawz #23809

We have covered this:

Posted by: FlipperTillDeath
In reply to: Bawz2wawz who wrote msg# 23393 Date:1/23/2007 10:45:32 AM
Post #of 23810

I had to RE-READ both statements about the buyback program before I posted this. To be fair, it appears that the company has inferred that no more increases will come.

That being said, I think with the recognition it is getting, they are moving faster than expected to meet distribution requests, to include the international markets, which were not supposed to start yet.

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Superbee383

01/24/07 4:40 PM

#23814 RE: Bawz2wawz #23809

Were you dialed in to the Conf call? I know quite a few couldn't make it for many reasons.
He had a chart there. It showed that as money was coming in, the arrow of the dilution was going down, and the arrow of funds from other sources, sales, etc.. that arrow was going up. As soon as they can make enough from sales, and/or a short term loan (haven't applied for one though, as far as I know), then the dilution will stop. Yes, he said it's a last resort, but one they NEED right now.
I think too, that once this new company gets its' feet wet, and the orders start coming in at a quicker pace, that this will all be a distant memory (as Stocky just said).
I don't remember the stats on a new company. If I remember right, most are in the red for the 1st 5 years. If someone knows the exact number of years, or the percentage or type of businesses this encompasses.. feel free to jump in here and help me out! LOL