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Re: andy08057 post# 7602

Wednesday, 10/11/2006 10:44:43 AM

Wednesday, October 11, 2006 10:44:43 AM

Post# of 14027
andy, global oil tools is not being sold to Libiya. It's an IPO to raise the needed capital on the Libiyan market. That doesn't mean you're getting 55% of the proceeds. Equity sale through IPO is done to fund the operations not to rob Paul to pay Peter.