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Hey gp,

Our stock price has actually held up pretty well over the last three months. We've been trouncing the s & p 500 over that period, for example.

I think it's safe to say that "the bad news has been priced into the stock," so if the company has any good news over the next couple of months (litigation settlement, good quarter, analyst upgrades), then we could have a nice run back to the $2-$3 range. If and when it becomes clear that we are not heading for bankruptcy, then we could run all the way to ipo range ($10).

We are so thinly traded that we could make giant moves, in either direction, over the next several months. I don't think delisting is really an issue (we could, as you point out, appeal, or perhaps do a reverse split). If it becomes clear that we will hit breakeven, the stock will skyrocket. If it becomes clear that we are going bankrupt, the stock has farther to drop, much farther. I really don't expect us to stay in this .88 cent trading range for long. One way or the other, we should know our fate in the next several months.

If we end up on a bulletin board I am out, though. :)

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