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Re: HhH post# 4543

Thursday, 08/07/2003 12:03:57 PM

Thursday, August 07, 2003 12:03:57 PM

Post# of 250091
HhH, welcome back from the Big House!!

True, Wave could have sold treasury stock to raise the money (or not, I think they're tapped, hence the need for the approval to move A/S to 120 million)

But that's not the point.

PJS exercised options that he could have resulted in a mill in pocket, AND PAID BACK WHAT HE OWED.

It wouldn't surprise me if someone backed him up against a wall and ultimatum-ized him (like "pay it back or we'll file a lien...")

"Absence of evidence is not evidence of absence. - Carl Sagan

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