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Re: nez post# 28971

Thursday, 04/10/2008 11:27:51 AM

Thursday, April 10, 2008 11:27:51 AM

Post# of 103302
Hi nez, you describe at least 2 situations here. #1 a buyback and #2 a city related project as related to your example. If LLEG were getting revenues I'd be more encouraged that a buyback may happen to reduce shares for a possible r/m. (don't forget it is not advantageous to any company IMO to r/m with these many shares. They have no room to negotiate shares for financing). Your second example was a 'look in your face' type situation and that would be very difficult to not respond positively to. For us, IMO, we are 'unknowns' to most companies and they will ultimately do what's best for the company and not necessarily us. That's their job. It's our job to review their public data and flag the possible words or statements that may work negatively toward us. That's what I did here. I looked at those words and said most r/m's I've seen required a share reduction so RED FLAG...............for me.

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