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r00kie

04/01/09 6:37 PM

#109262 RE: drifterfcrc #109255

"If Jared rejects the sale then I HOPE he has some big contracts SIGNED or else we could see our PPS drop IMO."

One of the concerns I have as well. If the buyout falls through, we'll need details of the buyout terms along with signed contracts.

Otherwise, many will think the PR was part of a pump (eventhough, the initial buyout PR didn't do much to the PPS)
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Mugwumps88

04/01/09 9:21 PM

#109291 RE: drifterfcrc #109255

I don't believe that just because Jared said in the CC, we should be at $1 a share that that is what he will get for the company. First off...he has to be thinking down the road to come up with that figure. Based on last year's sales alone we are close to proper valuation right now.
EPS=.0019 if you use a PE Ratio of 10 that puts us at $.019

I think people are reading waay too much into Jared's actions after THE PR. It simply stated that there is a serious offer on the table and until he decides to accept it, it will be business as usual.
Hiring new management does not tip his hand in either direction. As much as we all crave news, we have to wait for next Friday for anything definitive.

We need to all relax, as my father used to say, slowly count to 10, then and only then, would he pull my head out of the water!
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Gastrodamas

04/02/09 5:40 AM

#109334 RE: drifterfcrc #109255

Agree the offer will be in the high .02 range. I wish they would hurry because by holding EESO with its stagnant share price everyones money is now tied up and we are missing out on great oppurtunities in the stock market. Whoever bought at .02 or higher is going to be hurt because that money could have done much bettor elsewhere. Not all shareholders will benefit. If he wants to help all shareholders like he says then the offer must be at .05 cents a share and nothing less.