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Friday, October 20, 2006 1:21:15 PM
.....why Wrongjoe and I can't seem to agree. We are actually looking at the 8-k in different ways. I think we can both agree that an 8-k is filed whenever a company has anything material to report (or something like that). Also, I think we both agree that the purpose of this 8-k was to report a merger agreement or share exchange agreement (call it what you will.)
Where we are running into difficulty, I think, is how we are viewing the contents of the 8-k. He believes that I am saying that the mention of audited financials is to satisfy the SEC, where it is not at all required in this case. He is absolutely correct.....and I totally agree with him there. What I believe I was probably not making clear is that I was referring to the contents of the 8-k, not the legality or necessity of the filing. What I was focused on was what I believe to be the contract between the parties, having nothing to do with the SEC. I am reading it strictly as an agreement between two parties....party 1 says I will do this, this, and this. Party 2 says I will do this, this, and this.....and when that is done our agreement is completed. Instead of financials, it could have been that party 1 will trade 2 Willy Mays and 2 Sandy Koufax for 3 Mickey Mantle and one Roger Maris. If that would have been their agreement, so be it....that is what the 8-k would have said.
It is clear in my head, but I don't know if I was able still to make it clear on paper....if anyone else can understand and write it more clearly, be my guest.
As Rodney Kings says...."why can't we just get along"...LOL
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