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07/10/12 1:51 PM

#66451 RE: havocjohn #66448

"I had gone with my gut and sold when we were pushing .009, I could have bought back in today at a lower pps then I currently have and gotten a heck of a lot more shares to boot. "

So, who's doing the "woulda shoulda" again?

Jojo

07/10/12 1:59 PM

#66452 RE: havocjohn #66448

Put your shares up there at .009.

mikeymgd

07/10/12 2:01 PM

#66453 RE: havocjohn #66448

It is true that they need to file the Q1 almost immediately. I would bet they told Private Placement holders the company would be current prior to expiration and yet they needed to extend the expiration dates. In 6 days they expire again but yet still not current.

I doubt the PP holders are ok with, but we are closer so you should be proud of what we have done.


6 days to warrant expiration, what do you have up your sleeve SNEY?

coloradoKid

07/10/12 2:23 PM

#66457 RE: havocjohn #66448

How many cheapies do you really think you would have got your hands on? Low volume is just as much a factor as fear, uncertainty & doubt. I am not sure how many you would have liked to recycle, but I would be surprised if you could have done more than a few 100k and probably only between .008 and .0068 for averages. That is a net yield of $120 less $15 commissions per 100k , or net $105. Sounds like a lot of work and risk $100. Back then, we weren't (and still aren't) certain the Q1 & Q2 were eminent.

No, I think you did the right thing holding.

Running a business (and a portfolio) is like running a marathon. You are bound to get hurt if you focus on what is behind you!

GLtUA. Ck