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Re: Renavatio post# 30853

Saturday, 12/23/2006 5:05:57 PM

Saturday, December 23, 2006 5:05:57 PM

Post# of 79921
'Ren' None Taken ...Based on your pr of reference my memory of which mine was the same, excepting the following board dialogue contained damage control comments regarding the intended need and usage of the additional A/S as for acquisition only.....well, if that was the essence of that time then the pr should be revisited since I recall no one mentioning that it was through preferred shares only, but I do recall reference to those 1.75 billion as emergency shares for acquisition. Things have become somewhat blurry in that time line but I did recall an immediate 'overboard' reaction at the time by 'asus'. If such was the case then why in heck DID they need those extra shares especially when we were in a buyback status!(Actually I already have my oft repeated personal opinion of why) I may have been misled? I will ponder this situation. But still, there is no disclosure of the NEW lease agreements surrounding the pits and I wish and hope to find out the juicy little details which are intentionally kept aside. If anybody recalls specific reference to Paul and friends stating they would only use restricted shares for acquisition please re-post! SC

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