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Michael Anderson

07/20/11 1:00 PM

#48218 RE: Nikodemos #48215

That makes sense, wasnt sure that is what you were alluding to. In terms of PPS, no you cant just compare the two and where Rhino was sold, but in a way you can help determine a valuation for Tytan based off of that and based on current O/S and if all of the A/S goes into the O/S. This is why the A/S issue is very important.

No, I didnt take anything out of context as I replied to directly what you stated. Of course it is possible I didnt read what you were saying correctly, but I posted those as what I was responding to.