Saturday, September 29, 2007 11:44:00 AM
They are greatly laid out. I do believe what you are saying.
I do think that the $14 million will pop up later too in favor of CBAY. That will help to add more fuel to the fire for a covering.
I also found out that it was Pawson who increase the AS to 6 billion. He failed in getting the 2 billion shares issued. He knew that he needed them removed from the Treasury and issued from the Transfer Agent in order to be able to counteract the decisions being made to have the "official" majority vote from shares he put out there through the DTC outside of the OS. The Transfer Agent won't do it and those shares and any other shares won't be issued to give Pawson control. This I know from talking with the Transfer Agent. It took me a while though to get this info, but I am sure that others that have spoken to the Transfer Agent can confirm what I am saying too. I think there were others that have discover this too.
The only way for Pawson to get back control is for him to out buy the new CEO for shares in the open market.
I spoke to a government Assessor who assessed some of CBAY's property before in the past and they make their assessment much lower than the retail value for the company to pay taxes. CBAY has a lot of assets as we all should know by now, but I kind of had to still find out for myself. I still don't know what all they have and don't have, but I'm convinced they have a lot. There is a good chance that we might see more revealed than what we are expecting.
This leads me to think that everything you are hinting to as an outcome is very reasonable. Buying should start kicking in any day to support your thoughts. Thanks for breaking them down the way you did. And yes, I can and I am willing to wait as long as it will take for this to finish materializing.
v/r
Sterling
Sterling's Trading & Investing Strategies:
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