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joseytheoutlawwales

05/08/11 6:50 PM

#4438 RE: potentiallydangerous #4437

Actual filed profit.
So far they haven't registered profit.
Sure, they've had revenue, but they burned through far more.

They increased the a/s from 100 to 300 million, toxically diluted us from .14 to .0185, and still aren't crafting their business model effectively enough to record a profit.

All the while they've been getting fantastic stock option bonuses.

Sure, these new ventures with carbon 612 might help, and eventually they may finally have enough residential work to overcome their debt overhang... But I remain skeptical.

Ezra has to come through on his guidance, otherwise no one large enough will invest.
Him missing the guidance by that much seriously hurt the streets opinion of his company.

Right now, there are hundreds of places id rather have my money than here. (at least in terms of stability)

However, I am back in terms of trading lots. Added 50k at .0254 and 50k at .0235 this week. Will be trading those out at .055 levels if we hit them.

Good luck to all
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05/10/11 9:38 AM

#4444 RE: potentiallydangerous #4437

interesting "sizes" the MM's are displaying this morning

hardly any standard "50's" for those MM's close to the spread

Is this some new sort of required transparency?

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05/10/11 10:07 AM

#4445 RE: potentiallydangerous #4437

maybe they are going to deliver without any forward looking pumps

ie, don't tell us, show us!