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subgeo

01/04/08 4:27 PM

#14006 RE: CAPT #14005

OT: CAPT you obviously did not see Myth Busters this past week. They busted the myth that you sink in quicksand. You actually are more buoyant in quicksand than just plain water.
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evenkeel

01/04/08 6:33 PM

#14008 RE: CAPT #14005

Capt what makes you think this stock should go up? You say a lot of things are going on, and that is true. But from an investment standpoint you have to consider that all these things as you call them are all expenses, not revenues. The new website, the car for the trivia game, the shrimp boat, the trip to the DR, painting the boat and all the rest are expenses.

The question is how much more money can be raised before it ends? I hope they are able to get the TV show and all the things they hope for, but for me I have to assume it won't happen. Also the first revenues from artifacts are a long way off. They have to go to the DR to begin with, that may be the end of the month. Then when will the split of artifacts occur? I got the inpression that it may not happen until the Summer and that is when the real revenues might start. I say might as I am not convinced they can sell much of the artifacts.

Some I see are still talking about a dollar a share with this stock. For comparision OMEX trades at the equivalent of 46 cents a share and they have raised over 500 million in artifacts. Realistically I don't see that happening here. So to get to a dollar a share I wouldn't stake much hope in that.

In the last spike it did go to 4 cents though, and perhaps there is a little hope for that by the Summer. The research report said 6 cents and that was optimistic by itself so for me I don't see the value in trading in this stock for all the reasons we already know. But for those in it I hope it happens for you, but to sustain a share price you need revenues and until that happens I wouldn't expect much.