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Thursday, August 16, 2001 10:45:04 AM
It seems like going ballistic in a matter of minutes/hours without some questions of, and hopefully answers from, management is not too prudent from the leader of the pack is it? We'll need to keep you away from the missle launching button!! I'm sure the two full cycles that your involvement with SEVU has followed is disturbing!! As it is for all of us..
BUT it is obvious that the issue of major concern besides the thinking behind the various fuzzy (or worse) issues it is to creat a major dilution of our positions - like halving it for little to nothing. Hard to see why it would be needed by a company in our position and with the apparently proven product being build to orders. Lots of better financing alternatives should be available. Private companies fight long and hard to keep dilution to a minimum when working even with their favorite Investors. I suggest that that plan we've found in the 10Q gets scuttled and each current stock holder is extended a chance to get a share for a share held at a dime (more cleaver options could be created to but one gets the point I'm sure). The longs' supports of this company deserve the opportunity to benefit with its likely success.
Has anyone been able to contact Goerge relative to this dilution since the release of the 10Q?
Back to lurking, hoping for answers, and evaluation,
zagdad
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