Posted by: Bobby1010 In reply to: None Date:11/2/2005 12:51:49 PM Post #of 36828
Conversation With CEO - Share Issuance Stopping
I had about a 30 minute conversation with John Fleming. I was impressed by his straightforward approach and plans for the business. I did not hear the webcast so this was helpful.
The biggest news he had to share was that stock issuance for funding has ended. This should obviously have a very positive impact on the PPS in terms of appreciation. Also suggested that this would be great news for a PR, but he stated that they couldn’t as it would be viewed as pumping.
So now you know. This is what I wanted to hear…this stock now becomes much more attractive to me.
FYI
PS Tried to post on RB…but can’t post anything at this time. If anyone else can please do.