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To: Bucky Katt who wrote (13253)	8/4/2003 2:24:39 PM
From: Baton	Read Replies (1) \| Respond to of 48461

Management. Baton

To: Bucky Katt who wrote (13253)	8/4/2003 3:20:06 PM
From: BW	Read Replies (1) \| Respond to of 48461

Nice vol in DKEY today

To: Bucky Katt who wrote (13253)	8/4/2003 7:23:20 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 48461

XTRN, Management, and well, in that part I agree with you, utter lack of promotion. If they only get some fancy pr and perhaps a few consultants to push the stock then you might get something to trade with and into. That applies for companies with a product and without any product appearently without any distinction - especially in bullish times, as we are in (but I'm still wary to stick with companies with neither hard assets nor a product going, but thats me...). The most problematic cases (besides totally empty shells where the insiders just create S8 or 504 paper and dump it into the open market) appear to be companies with some sort of technology or IP where the management doesn't want to share with outside shareholders whatever the possible benefit might be. So they do not sell the company (because its paying their salaries) but bleed it right down and then sell the technology (if any) to the next one. This happens when the liquid intrinsic value (or the otherwise realisable value for the management) is greater than the market capitalisation of their shares, making selling their own stock a moot point (compared to remaining with the company and collecting monthly paychecks). At this point I really wonder what West Ridge is doing for them. There were not many mentions except a dire line buried in an 8-K mentioning it in finding a strategic partner for xtrana. At first glance it appeared as if they shop it around until a buyer for the pieces turns up, otherwise do nothing except collecting the monthly retainer...thats part of the motivation. Xtrana settled with trinity and even got the note prepaid leaving them with some 2M (?) free money and no plan what to do with it, at least nothing publicly announced. -If they had a product they could try and grow revenues. 2M is still some money and could achieve a lot if spent wisely. -If they had IP they could sell it or the company and return cash to shareholders, perhaps ahead of 15c/shr. -if they so far had nothing to speak of a Reverse merger of a business could happen with unknown results for management (will be perhaps fired) and existing shareholders (could face some dilution). But that's not Xtrana-driven... -a short term possibility to move stock would be to engage in aggressive marketing to capitalise on some hype but for that they are perhaps in a rather lukewarm spot right now... I would think they get it going after September, latest, or never. In the meantime the quarterly reports (June quarter due Aug 15) should shine some light on how they use their cash...