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mullimatt

04/07/08 10:21 AM

#346 RE: w0od #345

that's what I'm talking about... :)
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Trinityz1

04/08/08 12:54 AM

#347 RE: w0od #345

let's see $500,000 divided by 10,000,000 shares = .05 per share
which is exactly what I said I hoped would be the bottom
meaning hoping it was the lowest it would go

and this indicates for a fact that CSUH shares were only worth
5 cents to the investor and my guess is that the product ordered
wasn't paid for, but rather was also part of the loan agreement
somehow perhaps as collateral? In case the SP drops below .05.

At any rate, it's still more share dilution and but once it bottoms
it looks like it has flip possibilities down the road.

Hopefully the situation is better than my supposition.
Now I'm thinking .02 per share as a bottom