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Alias Born 09/26/2005

Re: None

Friday, 07/21/2006 10:26:38 PM

Friday, July 21, 2006 10:26:38 PM

Post# of 169274
i stand by my opinion.

i relistened.

go to the recording part 1 at time 6:20

here's 2.6 - A (as written)
(http://www.sec.gov/Archives/edgar/data/757563/000129707706000046/fhaul8-kmerger signed.htm)

In the event that the Actual Average Closing Price is less than $15.00, the Surviving Holdings Company ...shall elect, in its sole discretion, to: (a) maintain the Average Closing Price at a price equal to the Actual Average Closing Price;


he says it applies only if the pps is MORE THAN $15. then he says LESS THAN. he says read the first line.

so i do. i trust my eyes & it says LESS THAN.

PLUS
2.6 of the 8-K says if LESS THAN $15
the 7/19 PR changes it to MORE THAN $15 leaving no provision for LESS THAN $15


~BB



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