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Katfish

09/24/13 10:48 AM

#3381 RE: 10 bagger #3380

When they did the deal with the devil, they had to accept less than favorable terms.....$12M with a 30% annual premium. Now it is $15M which is due Feb. 21, 2015. But once it is renegotiated or paid, the stock should take off. Here is a line from the 10Q:

We believe that the reduction or elimination of the Debt will positively impact the value of the Business
and significantly enhance its prospects going forward.



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researcher59

09/24/13 11:31 AM

#3385 RE: 10 bagger #3380

It's certainly a legitimate theory and implies that management is in cahoots with major shareholders. That may well be true, but I rather think that if the financials are for real that the major shareholders and management would be far better served by 500%+ gains which they could quickly achieve with an uplisting.

A year ago the plan to uplist was directly stated in the financial filings, but since then it's been removed. Very mysterious - something shady is going on, imho.