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kugel

04/08/11 12:10 PM

#25471 RE: grantg2 #25470

Thank you very well written..
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grantg2

04/08/11 12:30 PM

#25472 RE: grantg2 #25470

OOPS... cannot add & think/compose at the same time...

"So looking forward for a year... in the next year Bob probably needs to sell 45M shares of LNGT just to keep up with burn rate and have quantity capacity to manufacture DLs." WRONG...

2.5M burn rate x12 = 30M

45M to fund GD + 30M = 75M shares... not 45M as posted in the above statement.

That means RIGHT NOW, the TOTAL NUMBER of LNGT shares (with funds for GD included) = 375+M...

and a year from now with ops burn rate added also, the TOATL NUMBER of LNGT shares will close in on 400M!

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ole vern

04/09/11 12:00 AM

#25481 RE: grantg2 #25470

Excellent dissertation, Grant.
I would be happier if you were
not so accurate.