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big M

09/12/05 12:30 PM

#30109 RE: sahd3g #30108

Thanjs Sahd3g
However, I think you would agree that we do not need an aggresive reverse or buy back. There is no way this company would have a market cap of 700 M (assuming a $1/share) anytime within the next 5 years. The only way to get this share price over 1.00 would be to buy back. As the company grows than it would make sense to sell more shares.
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merlyn

09/12/05 12:34 PM

#30111 RE: sahd3g #30108

sahd3g: I think we need to entertain the idea that dillution has been occuring since the vote was passed to approve more shares at the shareholders meeting. Those shares are loose on the market IMHO and it's probably the main reason (although not the only reason) that were at .028 today. We can't hide from that being the most plausible explanation.