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Love the Market

06/16/11 8:53 PM

#6211 RE: Sklauble #6210

Many more need .80+ to break even..... after all these years...
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Det_Robert_Thorne

06/16/11 9:24 PM

#6212 RE: Sklauble #6210

Hitting $0.36 depends on profits and guidance

Assuming full conversion by Meller and the two investors, we'll be looking at about 20M shares at the end of the year, unless there's an acquisition.

If they can string together some increasing revenue, profitable quarters and address the debt issues on schedule, then IMO, $0.36 is do-able by the end of the year.

At the very least, the reverse will allow a more reasonable spread, and the price can be worked-up over time, rather than in the 100% step from $0.0001 to $0.0002, and the 50% step from $0.0002 to $0.0003.

Of course, a downturn in the economy could effect growth, and we might end up being stuck at $0.20 for awhile.
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BIG bhapa

06/18/11 10:49 PM

#6214 RE: Sklauble #6210

the rs might work, but, I see it dropping first before it goes up though.