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Re: johnnyfiber post# 57023

Saturday, 02/17/2007 3:04:11 PM

Saturday, February 17, 2007 3:04:11 PM

Post# of 82595
johnnyfiber

Are you saying the original settlement of $115,000 and 1.5 million shares had been increased to $155,000 and 4.2 million shares as the final settlement? If so, then Bookbinder felt he had a strong case and either he or DNAG rejected the original offer, only to end up with the significantly higher final offer. Seems a litle odd to me, but no one knows what the parties were thinking.

JMHO

dr f