Microcap Potential Homeruns--Credible, and Reporting Message Board

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Microcap & Penny Stocks : Microcap Potential Homeruns--Credible, and Reporting

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To: NAG1 who wrote (710)	1/25/2011 5:46:15 AM
From: thomas a. burke	of 1056

Hello Neal, My take is this...most people/money are waiting for them to deliver the new Genstrip product to the market. The guidance is great, but that is all it is...guidance. The company has to perform, and I think they will in a big way. I also did a minimal amount of research on Mr. Walling and did not find any major red flags. He was off on last years guidance but that was understandable due to events out of the companies control. As for PR's, I can only assume they are waiting to report real facts with hard numbers. When that happens...we will move significantly. I was hoping it would be this quarter but due to the following statement found in yesterdays guidance, I expect it may be the second quarter before we see any delivery: 4. Regulatory Protocols – Because the Shasta Genstrip is manufactured to run on existing meter systems not of Shasta’s manufacture, the USFDA may require additional regulatory protocols before they agree to issue what amounts to a “go to market” certificate. This additional regulatory procedure may delay sales by several weeks. The company has taken steps to protect against delays by working with the contract manufacturer to stock completed works inventory. The company has also accepted pre-orders for the product. IMO, this is still a very good investment, it just might take a few more months than most had hoped for.

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