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Message: Wong reduces outstanding shares - 4/18/08, CNN news

Vonrick -

The key phrase is " in order to encourage equity investment into the Company." Many have said that one can only attract institutional investors if your SP is above a certain threshold.

Of course, this is the argument that the "rollback" folks use for MEO all of the time. I'm neutral on that concept.

However, I do find it's easier to get a double (or quintuple) at 20 cents than at 20 dollars.

- Panamax

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