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Chimaera1950

10/20/10 12:41 AM

#77365 RE: Monarchos #77362

Where did you get that impression?
It seemed more than once, they referenced the intention to still pursue a real total,
as well as even entertain a buy-back, possibly...
They certainly didn't
look to be dismissing the idea. Let's wait and see. Most of us are in this at about .08 to .10.
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dirtmover

10/20/10 12:48 AM

#77367 RE: Monarchos #77362

Sir Company stated they are going to buy back shares and reduce the float .... do I have to explain what that will do ?

hang in their , let the Company work thru the mistake they made
they acted on the advice of legal counsel and accountants advice

give them a bit of slack ---
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Blinton

10/20/10 10:09 AM

#77408 RE: Monarchos #77362

At this point, your guess is as good as mine. I'm going to wait for the next PR before I speculate too much in any given direction.

I'd imagine the next PR will brew in the legal department for a few days before we hear from the company. The sooner the better with it's release, but I understand their need to triple check things after the latest events surrounding the special divvy.

Hopefully the next few PR's swing things around for the shareholders, but if not I'm personally going to proceed with the original plan of buy and hold since nothing has fundamentally changed since a few weeks ago before the divvy was announced.