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micham2012

03/28/14 3:11 PM

#8504 RE: MikTrader #8500

If you listen to the 2/14 conference call, the impression is left that on this just completed trip, Lee was going to go to Niger and then to China. He was going to accompany representatives from Niger to China to inspect the trucks. The impression is left that if the trucks meet with Niger’s approval, the “deal” is ready to be inked and signed.

The trip to Niger was delayed, and it appears (from a Marty email that has been shared on this board), that the China leg of the trip has been deferred until next month. I conclude that the “deal” is not ready to be signed. We will know next week if it is dead, wounded, or just delayed.

A question was asked by one poster why no mention of the Niger trip in today’s PR. I offered my views. It was not your question, and the answer was not directed at you. Although I have not asked you why you post your relentlessly upbeat comments over and over every day, I can see that a little “skepticism” (some might “realism”) doesn’t sit well with you, and so you question my motives.

FWIW, I bought 1.1 million shares of this stock about a month ago at around $.0165/share. I have treated 400,000 as trading shares (in and out), and am holding 700,000 as a core position. I have never shorted the stock, if that is even possible with this $.03 pinky.

My own view is that my investment in this company is not aided by a message board where everybody is actively talking the stock up. It sounds too much like the usual pump and dump nonsense, attracting lottery types – a turn off to more serious investors. This is a real company and deserves better. Already one poster has talked about NEEDING this stock to be higher than $.03 per share. Very dangerous that people are putting money into this company that they cannot afford to lose.

But I will turn the board over to the cheerleaders, if understandable skepticism is to be met with hostility. It doesn’t matter to me whether I post here or not.