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tubberclare

11/26/05 10:57 AM

#43712 RE: IRISHBULL #43702

Irish:


In the 10-Q there are convertibles that would cause massive dilution if the price of this falls. We both were around for IBIZ and WNMI and they both had these types of arrangements. The difference here is this co. seems to be legit. I am worried about these capital venturists (vultures) naked shorting the crap out of this and then converting their shares when it falls in price to cover. I wasn't around in the under $1 days, but SIRI had an FCC license (very valuable) in a duopoly (with XM) and I checked their 10-K back in 1997 and didn't see any of this type of financing. Any thoughts on that nightmare scenario: the massive short selling? Tubber.
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samminj_1

11/26/05 11:17 AM

#43730 RE: IRISHBULL #43702

Irish, I agree with you. I'm only an amateur here compared to most, but my feeling is if the flippers would stop flipping and the day traders would stay put for longer than a day, this stock would fly alot sooner.

This is a real company with a very good opportunity. Gosh, just look at all the advertising.

I work for a company that was a penny stock until some very savvy investors took a chance 3 years ago. The stock now is at $40.00 per share and we split in March. Wish I was working for them when it was $.12.
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firefight4

11/26/05 3:26 PM

#43870 RE: IRISHBULL #43702

i feel the same way Irish. Holding this one for much higher prices. This certainly has the potential to be a monsta! Thanks for the share info. Helped put my mind at ease. Let's get ready to RUMMMMMMMMMMMMMMMMMMMMMMMBLE! hahahah