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blueheron

04/03/09 12:30 PM

#1427 RE: jsh21 #1426

The easy answer to your question is to ask a question - How many advertisers does the company have on the forwant.com site?

As forwant.com is a new application, odds are they are trying to increase their revenue base by adding advertisers.

IMO, the PPS will increase once the advertiser base starts increasing and generating a steady revenue stream. Until then, who knows what will happen. They could have 100M listings, but if there are no advertisers, there is not any revenue to drive the PPS.

GLTY
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e-ore

04/05/09 12:23 AM

#1433 RE: jsh21 #1426

The company has 300,000,000 million authorized shares and 67,758,866 outstanding, according to the 10Q of 01/20/09. If you needed money and couldn't borrow it, how would you get it? The outstanding shares listed in their next 10Q, showing the period ending 02/28/09, may show if the company has sold shares into the market. What's happened after that date won't show until the July filing.