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Gold/Mining/Energy : Nuvo Research Inc
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To: Joe Krupa who wrote (13436)4/27/2004 2:21:02 PM
From: russet   of 14101
 
Could be 33.2 million different DMX shares traded in the last 4 months as some suggest, or could be a couple million trading back and forth between traders, shorters and disgruntled shareholders. I favor a scenario closer to the latter which would discount the takeover theory.
The fact remains that DMX could be profitable now, if they concentrated on Pennsaid and the Solvay deal, partnered the development of other DMSO applications, jettisoned the high cost marketing and unattainable dreams of a drug empire, and spun off the WF10 albatross. They have the corporate shells to do it, and possibly/hopefully Kuhnes lawyers don't have written contracts to stop this.

So at a buck, this company is a reasonable speculation as long as they stop the flow of red ink by the next GM,...and if present management and board don't, my guess is the gang will do it for them next year.
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