Replies to post #35 on AS IRON SHARPENS IRON

[RandyKCMO]

See my post on GTEC board.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29767395

[carl_52fl]

John302, regarding GTEC:
Anything is still possible about a R/S to get to a higher market. I actually posted sometime ago(when a 7 to 1 reverse split was a huge topic), that they should just R/S 20 to 1, get it over with and get on the NASDAQ ASAP. At that time they were trading in the mid 0.30s, and this move would assure the share price to meet requirements of $4.00.

Just seems they are chosing to do everything AZZ backwards. I just suppose, and don't know if this is true, that diluting shares after a move to NASDAQ would be much more difficult.

You know as well as I do that eventually, via bonuses to employees, managers, board members, etc., that they will dilute to the A/S count of 900 million.

So even after FY2009 is over next June 30th, if they make net income of 30 million, this is only 0.0333 a share with full potential dilution. Still a high hurdle and massive R/S to get to requirements.

Putting 0.20 and 0.25 numbers respectively on the financing and the warrants thru POPE seems to have doomed this to a lower trading range for the forseeable future.

Dilution of shares, in most cases in not good. However, via dilution, if a company can achieve a much higher growth rate than the dilution, then I'd agree with it. Doesn't seem to be the case with GTEC.

Carl

Please, I posted this here and let it remain here. Thanks