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RonnieD

08/07/08 9:01 AM

#69 RE: tedpeele #68

I usually low-ball so as to not be dissapointed and attempt to valuate from a base perspective. The mud pumps are now a part of their past. I would be satisfied if this deal eliminates or comes close to eliminating liabilities, and evens the balance sheet.
As of last 10Q liabilities outweighed assets by 1.3 million.