Going back a number of years ago I remember touring the Gage Roads Brewery and having lunch after with John Hodemaker and a major shareholder who wanted to sell out out. We struck a deal to buy 20M shares at 7.2 cents to assist the major holder to finance his property developments. We also convinced him to retain 10M shares and not sell all his shares to us. It was an off market transfer on a handshake deal so when the share price was 14 cents four days later I was a little nervous. The signed transfer eventually came through on the fax and I have the greatest respect for the seller in honouring the deal. We sold out out at 22 cents some months later and that was that. Fast forward to today and look at where Gage is now. Best way to explain this it is they have finally connected and cracked the nut on how to commercialize their products. When we originally invested that was completely lacking. Nowday's it's uppermost in their minds and they have the potential, if they keep making the right moves, to be the Coopers of WA. Be bold, be atomic, and keep moving ahead.
