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Re: ronning999 post# 10890

Sunday, 11/25/2007 9:15:31 PM

Sunday, November 25, 2007 9:15:31 PM

Post# of 17016
Ronning,

You said:
IMO, Mark already has the necessary votes to put this RS through, from his financier friends, borrowed shares, etc. Why else would he NOT publish the company's intent to do an RS, and, hold the meeting 4 days before Christmas, if it were not a blatent attempt to make sure dissenting shareholders were at a minimum.

Pure speculation with no facts to back in up. For one thing, how would he "borrow" enough shares to make any difference? And for another, if his friends were to help him out they would have to purchase the shares to do so prior to Nov 19. If they were to purchase that many shares they would obviously drive up the price and that hasn't happened.

And on top of that, he would have to be able to convince at least 10 people to go along with it to ensure a majority and then most of those ten people would have to file with the SEC to report owning 5% or more of the company's shares. It would be a monumental task to find that many friends willing to go along with it and risk their reputations, and risk getting caught. The pay off would have to be huge. And who's going to pay them? Mark? Not hardly. If he has that much money to spend he should be loaning it to the company.

I'm not saying it couldn't happen, just the possibilities are extremely slim. In fact the possibility is so remote and off the wall, I can't believe you actually said it.


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