higher floornow 2.3 cents, page-49

Hi Cabe

I appreciate your efforts at bringing some balance to the discussion. I hold MHL and have little or no faith in our management. Hopefully they will alter my opinion in the coming weeks.

In regard to reducing losses - if GB has 20m @ 3.5, buys another 9m at sub 2c then sells that 9m at plus 2, he is better off in regard to those 2 trades - and in the process has lowered his cost base and break even figure ? Overall he is still in the red...but not as deep as pre trades.

For what its worth i appreciate the optimism GB brings to us (we need it) - but i don't and wouldn't base any of my own decisions on his opinions.

Regards

GH