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Re: shamus post# 10599

Thursday, 08/09/2001 1:09:49 AM

Thursday, August 09, 2001 1:09:49 AM

Post# of 15369
Shamus, now you're making sense...

If one Plaintiff has 400 shares, the proposed Formula of dividing the number of shares outstanding - excluding those of McBride - 11.5 million by the number of Shareholders
(± 1,300), giving ± 62,000 shares (1/3 of 1%), is as fair an estimate for the purpose of discussion, as any...

Obviously, you and I don't know the exact numbers but we have an idea of the Order of Magnitude...

I believe that, so far SEVU hasn't spent a great deal of money on Attorneys, as there is little point in doing much, until the situation becomes clearer and the Motions are filed...

However, I do agree that those who will end up paying are the Bona Fide shareholders, unless, of course, a countersuit happens and is successful...

JMHO, F. Goelo + + +




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