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Re: WHP03 post# 71131

Thursday, 07/10/2008 1:45:17 PM

Thursday, July 10, 2008 1:45:17 PM

Post# of 78729
Oh my gosh...I just thought of something. I believe this may be an underhanded way of taking the company private.

1. Pledge all intellectual property as collateral.
2. Default on the loans
3. Intellectual property goes into private hands that are friendly to the company officers.
4. Make sales and keep ALL money from it rather than having to account to shareholders.

I believe this is a distinct possibility.

Let's assume for a moment they actually have something. Maybe the Milan meeting was cancelled NOT because David (or whoever the hell the keynote speak was suppose to be) didn't want to be a part of presenting a product that didn't exist. Maybe he didn't want to take part in screwing over the shareholders on that grand of a scale of making shareholders pay for the technology development...and then giving them nothing in return.

Just a few thoughts.
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