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AlanC

10/02/12 8:40 AM

#9045 RE: jzduit #9044

jzduit: That is my understanding. Increasing revenues and no debt could make for a profitable quarter. If not last quarter then next. Once we are profitable we are off to the races and those that are short get the shaft! Go TEVE!!!
10 bagger claims billions in revenues coming and I guess that is in fact possible down the road but I for one am not counting on numbers anywhere near that large yet.
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gabeh

10/03/12 9:10 AM

#9055 RE: jzduit #9044

He didn't exactly relieve TEVE of debt but rather traded the debt for shares. Then there followed a 1 for 200 stock reverse split.

Today's $10 share price equates to pre-consolidation price of 5 cents.

Mr. L now holds some 90% of the shares.