< That my own access (my IP) has been banned from Looksmart's...

< That my own access (my IP) has been banned from Looksmart's Yahoo Stock board (for no real reason whatsoever, apart from "positive" posts) is not only a "sham" but a shame >

It also stops any reply to "regurgitated" posts, such asthe one, as follows:
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SACK Hills why you can!!!!
by: xxxxxxxx53
Long-Term Sentiment: Strong Sell 05/08/06 07:52 pm
Msg: 158543 of 158543

June 30th......it will not matter if you haven't.

The SBLC boys move in and seize what cash LOOK have left.

then its all over............

Hills is an i diot and the Board should sack him today.

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It doesn't matter that this subject was answered both here on Hot Copper (initially on Yahoo) and would be, a maximum of a $1.3M 'penalty', for any such infringement.

And it was posted here on 7/5/2006 after it had gone "unchallenged", in the US ....
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Re: SBLC??? 40 Million cash needed???
by: valueinvest2001 05/05/06 09:37 am Msg: 158429 of 158513

Thats the quote from annual report:

"The Company has outstanding standby letters of credit (“SBLC”) related to security of building leases and security for payroll processing services of $1.3 million at December 31, 2005. The SBLC contains four financial covenants. These include a minimum tangible net worth of $40.0 million, a minimum amount of liquid assets of $40.0 million, no more than $8.0 million loss in any fiscal quarter, and no more than $25.0 million loss in any rolling four-quarter period. As of December 31, 2005, the Company was in compliance with all required covenants".

So, due to my understanding, in case they not longer meet this requirements, they only would need to payback $1.3M.

Not a big deal, right?

Posted as a reply to: Msg 158424 by smuggler53 ________________________

But it still gets a second run, once again !!

Sad ....

:)
LC