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longvper

01/10/12 3:05 PM

#2800 RE: sagan #2799

Sagan, don't forget that their Bahrain sub. is reporting recurring revenue. I do not think these revenues would be reported on the US accounts.

The Bahrain sub. would have its own P&L and pay taxes there. Unless Viper repatriates any profits, it would not show up on the US P&L.

Can't say if they are or not purchasing shares, however we can all see an enormous increase in shares being traded. Last year we seemed to have days where no shares were traded. Now we have been as high as 50 or so million on a more regular basis.