report, page-11

love your optimism - do hope you are not deluding yourselves and end up hold a bunch of worthless paper - remember pasminco? I do, owned the biggest zinc mine in the world, but they went under. bad mangement, no cash flow. Looks the same for MSC.

They sold more product in 2005 than they sold in 2006, all the while tellijng us how everyone is ramping up their orders. It will only take one hiccup and the receivers will march in and take control, then its bye bye capital.

Now, if you want to play big risk, big reward, that's fine, but do not dress it up as optimism.

I am checking on the numbers of debentures as I write, because I thought their were a lot more than the few mention above. I could be mistaken, understandable considering just how many bits of paper this company has issued.