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Basser1

03/26/10 10:31 PM

#182032 RE: midrew #182027

Read the 8k and CALL TONY if you really want to know what he is saying. Don't settle for second hand news.

Basser
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Calfire

03/26/10 10:48 PM

#182033 RE: midrew #182027

Truthfully, revenues from this deal is something that can only be "assumed" at this point...I suppose it is possible that EI will agree to sell them back to Matthews for the same or less than they paid for them...If that is the case I will be the first to nominate Clint for "Worst CEO of 2010"...LOL.

The LOU, although a "binding agreement", does not contain the pricing details that we should see when a contract is produced.

Could the entire deal collapse? That seems highly unlikely because Matthew's is designing and manufacturing the product. I'm sure they have enough experience at this to estimate the costs pretty close and know precisely what they are getting into. There should be no reason for this LOU to fall apart.

The Q's "should" show new revenue from this LOU in 2010...here is to hoping that it will be significant by EOY.
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Lurker from Mars

03/27/10 12:32 AM

#182034 RE: midrew #182027

read the 8k...Questions to Tony...its obvious NO ONE asking these questions is satisfied with our opinions
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bax

03/29/10 9:42 AM

#182127 RE: midrew #182027

Midrew - I didn't ask that specific question. I am comfortable that it is common sense that there will be profits, regardless of how much. I don't think we will get any specific answers for reasons stated and I am comfortable with it.

To me it is important that the company followed through with the uplist, which was costly. Also, this deal with MATW is a step in the right direction and I like the additional segment of product being introduced with the candles and cards, etc...

I don't expect to get rich on this, but I do expect to get some nice profits.

Bax