Good post from Rbull on the Un-gag of the TA..
Mastercraft
The dead give away to the time frame is the extension of the preferred program. The key here that no one has discussed is the budget for the new partner. If you were going to purchase say 700,000,000 shares over a brief period of time (let's say by 10/15/07 ish), I would think any seasoned company would have negociated with PA, an approximate cost to do so. They would have to start out with how they currently value the company, their % of partnership and their intent to purchase these shares at X amount of cost. There is no way that they did not determine a time frame and cost unless of course they are venture capitalists on blotter acid.
Although , we know that they will have an asset to sell off later, how much $$$ do you want to lay out for this venture. If they are able to purchase 700m @ a cost average of .02, that's not bad (14m), out of pocket. But if they let the stock run to say .30, do they really want to risk laying out 210m ? I wish I knew that answer. My whole point is that ungagging the TA without a confirmed amount of restricted shares will keep the cost down for the 700m purchase. Are these guys geniusses or what ? Watch out after 10/15. This stock will only head in one direction, "To The Moon, Alice".
Jilleo
