EZ I hope you're right and everything works out well....and well beyond the dollar per share I paid for KRY.

But...regarding this broker: He's been in KRY since 1999, following the company as well as personally owning large chunks of shares. If fact he still owns, as he puts it, "way too much" of KRY.

He has a long professional and sometimes personal relationship with Richard and Andrea. He's been to the KRY AGMs. He's had many conversations with Richard, Andrea, MO, Todd Bruce, and several KRY lawyers. He's also spoken with several of the larger KRY institutional stock owners. He doesn't have all the answers nor a crystal ball but I'd say he knows more about KRY than most brokers.

He's not saying KRY can reinvent itself. He's saying, historically, companies that have fallen as far as KRY very seldom dig out of the hole unless they reinvent themselves (or offer some new product or service to the market) or have a big management change.

Regarding the arb case: he's saying KRY does not have an arbitration case, strong or weak, unless KRY can pay off the bondholders by the end of the year or delay the payments long enough to go through the years it will take to get money out of Ven.

He IS saying KRY is an arb spec play and that there ARE investors out there who will invest in such a play but, he adds, 100+ million is a lot of money to raise when you are a ten cent delisted stock with an arbitration claim against a country that does not play by the rules.

Cividale