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r2g2

04/21/11 10:45 PM

#3005 RE: pinkyringcapital #3004

I believe he did say there was a little debt, not zero, but nothing to be alarmed about. Could be old debt from previous shell. Debt is well below 100K and they are profitable every month so it is evaporating. I wish I could report the same thing for my own situation. Anyhow, I got the impression that he is a very nice guy and wants to do it all by the book. The company is cautiously upbeat about the prospects for the future. He did say he was personally going on the road soon to sell a few hospitals in Texas and hinted that there is probably going to be one PR a month for a while and that he is sitting on some really good news but wants to release it at the right time (hopefully when the financials are ready, I think End of month-ish). The biggest concern he mentioned is that they are trying to stay 'abreast' or as up-to-date as possible with the continual advances in technology because although they are the clear front-runner in their industry, technologies are always advancing and they want to stay on top of that. In other words, he is not resting on his laurels. Overall, I was kind of upset before, but felt a whole lot better after our conversation.