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Ceteksevenmillion

06/23/05 12:12 PM

#4057 RE: PennyWorld #4056

Fayiz keeps repeating that a R/S is not going to happen, and I believe him.

It was possible at that time that "he had no choice", but NOW Cetek is growing and profitable. Therefore there is no need for a R/S. End of story. Cetek is buying back shares. Thats a good development in combination with the fact that Cetek is profitable.

Apparently Fayiz Hilal lied to some posters on this board. But that is a different story IMHO. When people talk with each other 70% of the information evaporates, or is gone. For example: You will be surpriced to know how many people living together don't really understand each other.

And CEO's who are talking with an investor (on the phone or in the hallway) are always ready to give some bullshit story. Why? Well, the CEO knows that he is not allowed to give REAL information to an individual investor. Thats Why!

Investors should look at the press releases. For example: If you read Cetek's press releases, you will find that Cetek Technologies Ltd. is growing very fast.

Good luck,
Ceteksevenmillion
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wmo767

06/23/05 3:11 PM

#4059 RE: PennyWorld #4056

The original R/S was done to accomodate a financing deal that fell through at the last minute. Since Fayiz had already filed for the r/s it had to go through.