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Jitz

02/14/09 1:09 AM

#1233 RE: chuckerfmfla #1232

chucker
the bad:
they havent had any news or filings this year at all, they also hardly ever replied to my e-mails at any of their contacts.
I have no idea what happened with their preferred shares which would have been free trading by now

the good:
if they ever want their preferred to be worth somthing they wil have to pull something out of the bag.
at this price the float would be considered very low despite the fact there preferred may now be trading. i think still less than 50 million shares.
I think from my conversation they were reluctant to dilute and were serious about their business, so there is still hope.
their lack of news/filing is probably cash saving measures

hope that helps
Jitz