Divestco Inc. - Class A V.DVT

RE: RE: Q4

[presto10]

I think we need to recognize the impact of the massive slowdown in exploration,which means participation revenues will be heading south and this is a big revenue stream.  Companies are in survival mode w/ the economy and credit markets doing what they are doing.  In my view this has been discounted but a big turnaround in any jr is like winning a lottery. Certainly the level that this one based at surprised even shocked me at .16.  Very disappointed that this thing has had such a putrid response since the re-financing, but I love it that the terms of the refinancing call for principal pay-back in a manner that no doubt in DVT's eyes is do-able.  And no sweeteners or dilution, good stuff!!!

As cost cutting takes hold, capital only spent as necessary, lets hope we see some buy backs.  Survival first!! and then buybacks.   I have to think that with what was paid for acquisitions in the past 2 years alone, and the values of the data libraries and excellent software business this thing is trading well under breakup or take out.  As we bob along the mantra for me is 42m x $xx = market cap.  

Let's keep an eye on the cash flow nos and for improvement in working capital on the current quarter after they are reported, shall we?