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Caiostro

02/08/08 1:55 PM

#7828 RE: DewDiligence #7827

"They may have wanted more but found that $6M was all they could get".

In 2009 they need 30 million....any thoughts about that?


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croumagnon

02/08/08 1:58 PM

#7831 RE: DewDiligence #7827

Dew: from your posts today you seem unusually pessimistic... Am I reading you correctly or are you still of the opinion that GTCB represents a great investment opportunity?

I do not view this financing as pessimistically as the rest of you, although I do not like it. Perhaps that means that a partnership deal is not working out and perhaps not, but in either case I do not see the business model greatly changing based on this latest financing. Am I missing something?

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waynebio

02/08/08 1:58 PM

#7832 RE: DewDiligence #7827

Looks to me like this company has been managed perfectly for takeover for a song by Genz, but not for current shareholder value.