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Strategies & Market Trends : The DD Maven
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To: shortsinthesand who wrote (413)12/1/2008 9:58:26 AM
From: rrufff1 Recommendation  Read Replies (1) of 736
 
What exactly did I post that twisted your words, Shorts?

I'll let others judge for themselves. Your post speaks for itself. The following is from your post:

I know many know I have not been supportive of this company and pointed out the many red flags. This new major material event of paying a quarterly CASH dividend has made me take a second opinion now! I have never seen a pink sheet company do this before and it falls into line with How I invest.

Buy companies that pay and increase dividends, dollar cost average and compound the dividends for more growth. This dividend at the current price is an outstanding dividend if they follow through on the next four quarters and pay it.

This means I no longer think this stock will fall to the triple zero's or sub penny levels short of any major dilution or rescinding the dividend. As long as they pay the dividend I see this being the bottom as the dividend at .015 is a 25% divy. I see this stock now worth .02-4 cents and the downside risk much smaller now.

I am not recomending that people buy the stock but this certainly changes the long term out look ! I am very impressed to see the company issue a CASH dividend.. It's a step in the right direction and win win for the share holders that buy at these prices currently.

IF they follow through on this the company will actually be working for the share holders unlike 99.99999% of pink sheet companies that rape the share holders!
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