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sps50

04/29/11 6:05 PM

#10501 RE: bmemo #10500

1. Search the news on Yahoo
2. Call HQ to talk to Kol.
3. Be patient. We have already been here 2 years and the corner is about to be turned.
4. No one can tell when profit smiles... just be there. At this price your upside is 10 times your downside risk.

:)
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Ecomike

04/29/11 8:41 PM

#10502 RE: bmemo #10500

We should have news in less than 2 weeks (so I suggest hanging in there for now). This is a very difficult stock to day trade. Volume is usually way to low for way too long. This is a very long term bet that does take lots of patience and nerve. And on occasion a little averaging down. Take a look at the latest 10K and look at the details on the lack of stock dilution, and how the CEO who is the largest single shareholder, and his wife are taking IOU's instead of investor cash as payment for their time.

That is almost unheard of in public stocks. Last time I saw it was in the 1980's when Lee Iaccoca took over a bankrupt Chrysler, and announced that he was working for $1/year, and worthless shares in the company!!!! He turned around Chrylser, and kicked Ford's and GMC's rear with new front wheel drive vehicles, and payed off the US Government loans 10 years early. Chrysler turned a profit 3 years later (after he took over), and then they bought AMC (Jeep).

This one is a rare penny!