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To: Madharry who wrote (36825)	3/3/2010 8:42:22 AM
From: Madharry	Read Replies (1) \| Respond to of 78702

listening to the conference call on gfre now. questions being asked so far are excellent. Based on what I am hearing so far, I think than minimum $1.20 per share earnings in 2010 are much more likely than not, based upon 15% increase in bromine pricing frm December 2009 which was 2340 per metric ton, and water treatment production line assuming it does go on line in july 2010. to clarify the press release the $9 million would be for a full year so that for 2010 it would contribute $4.5 million in earnings. It also sounded like there was a 4th quarter increase on bromine prices world wide most of which was not passed on to customers in 2009 because of the 1-2 month time lag in passing on increases to customers. listening to the call makes me want to learn chinese, as everything has to be translated. The company plans to uses the cash to buy more bromine assets 1-2 transactions, and chemical production facilities.