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Sunnybank

07/22/11 11:45 PM

#17166 RE: jimmowrey #17165

Jim, I'm going to let the dust settle and see what develops. I'm in at .0001145, so if no dilution, it shouldn't hurt too badly. I've got 50M, soon to be 50k. Hoping the stars somehow manage to align, and that the CEO truly has changed, and has a shareholder friendly gameplan. I got in as a long play, now it looks like a very long play.
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Harley Davidson

07/23/11 11:28 AM

#17224 RE: jimmowrey #17165

Jim,
Just a few thoughts here and thinking out-loud for a minute.

They could have done any number of reverse splits, so why the 1000:1 ???

If they have been profitable as a company this year, and are using those profits(7mil) to pay down high interest debts, wouldn't it be pretty safe to assume that they will continue to be profitabe the remainder of the year, lets say 3 Quarters at 7mil each = 21 mil (Current Debt at 19 mil.. - 26mil reported recently along with the 7mil pay down in the last release)

That would suggest that they could pay off their debt to YA by the end of the year.

Stick with me here..!!

I'm wondering if KK picked the R/S date with these things in mind ?

Earnings per share would be substancially better on 14mil shares, than 14billion shares....CORRECT ?

A good judgment in the Markman hearing would have a better impact on 14mil shares rather than 14billion shares....CORRECT ?

Future companies jumping on board with GERS would have a better mark on the SP with 14mil shares rather than 14billion shares....CORRECT ?

I am not in the same boat with many of the people that post here, I have only been around this year, I have millions of shares in my Etrade account, and I got them at an average of .0001. SO NOW I WILL HAVE Thousands of shares in the .10 range...

I would feel pretty good about a company that reported a earnings of .01 - .02 on a 10cent stock ?

Your thoughts please

H.D.
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