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fredugsi

09/15/09 8:42 AM

#190 RE: Great White 1 #189

remember, 5 or so years ago, the water fund and wynnefield capital and andy and team bought in at $0.08/share; pictet asset sold their position (which they bought at $0.22 about 3 years ago) to HEK at $0.14. the reason for the weakness in the stock is the news that HEK bought their position at $0.14. mgmt/board is in no hurry to do anything at this time. revenue is estimated at $40-$50 mill at this time. once rev hits their internal objective, they'll do a deal and then and only then, it's off to the races. no day traders on this stock. buy/hold/wait, then think ferrari loaded + house in telluride! PATIENCE IS A VIRTUE!