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M_T_Pockets

07/08/11 12:33 AM

#19890 RE: SkunkRiverTradingCo #19889

Ok, who left the lights on again! Was it you Grizz, or AK? That's what we get for leaving the back door unlocked! ;-)

Oh well, I'll just look around and see if there are any bargains left lying around on the floor!

Keep holding on guys, it's going to get better soon! If you have any extra cash, I see there is some bargain prices at the CGFIA store!
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pgilmore

07/08/11 2:52 AM

#19896 RE: SkunkRiverTradingCo #19889

They (the warrants) are gone. Thanks Grizz!
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ficose

07/08/11 8:53 AM

#19905 RE: SkunkRiverTradingCo #19889

Nice to see you back on night shift, grizz! This thing can drive you nuts at times - especially before a 10Q.

For those with questions about the warrants grizz is referring to; back around Feb 09 the company gave current shareholders Class B shares and warrants. The warrant gave shareholders the chance to buy even more class B shares at a set price of 0.50/share. Of course, there was rumor of shorted shares even then. Apparently, some had a delay in getting their shares - the brokers had loaned out shares for shorting purposes and it was a paperwork nightmare. I fell into this category. Took awhile, but I finally got mine.

It was a crazy time with people making huge short term buys - trying to do a quick flip for free class B's. One morning I saw my investment value triple while people tried to maneuver - almost like a takeover on someone else's money. If I recall right, someone plopped down a few mil in the attempt, (that's dollars, not shares). It was a paper shuffle. Did I buy any @ .50? Nah. The warrant is suitable for framing however. Company is much more conservative today.

Check out the articles on the company website around late '08, early '09 for more info. Something fun happened in Nov 08, too. Check it out. This company can be generous with us shareholders. They will be again when they get their sea legs.