RE: RE: RE: RE: RE: RE: Grandich on ole Hey Roro thing are good but we are down to less than $1 million in cash. That is a problem that OLE management is going to have to deal with one way or another if a merger or buyout does not happen in the next three months or so. There were a couple of nice buys there at the close. My gut feeling tells me that $.65 will be the short term low here.
As far as Chet buying, this means absolutely nothing. He has bought 50k shares for about $37,000. This was just a token purchase or like I said before just to show that he believes the stock to be extremely cheap. Remember Chet and his wife Nell own 8.95 million shares and have 2.63 million options. They control about 11.6 million shares. 50k shares, come on. My dad and I own four times that. If you are free to buy and believe the stock is so cheap then why not buy at least 500k shares. That would raise some eyebrows.
With PG we have a totally different story. He is more than committed with over 2 million shares. He was given 150k options at $.65 by OLE but the stock he owns he has bought with his own money.
There is an old saying that says. "In a bacon and egg breakfast the chicken was involved but the pig was committed." Guess who is the chicken and who is the pig in my post. No offense to Chet or PG just sharing my feelings on this long, drawn out story.