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Post# of 53987
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Ellington

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Ellington

Re: SirFelix post# 20043

Tuesday, 10/17/2006 10:51:29 PM

Tuesday, October 17, 2006 10:51:29 PM

Post# of 53987
They lack shares. If I understand correctly, the shares are necesary to complete their obligation to Duchess and to make deals; and in the absence of additional authorized, the firm will have significant problems with Duchess.

SirFelix, ask the horse.

My main point is that there is time now. If we are faced with a "take it or leave it" kind of choice that is opposed to shareholder interests, we should leave it, having made clear from the start that such a choice would be rejected.






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