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Re: koko23 post# 13396

Sunday, 12/14/2008 10:09:19 AM

Sunday, December 14, 2008 10:09:19 AM

Post# of 41474
Sue the clown? Are you kidding?

What assets are there to recover? WEHI has so many liens against it already that you'd be at the back of the line. I'm not sure if they ever paid the court judgment won by one of their past prize winners.

Looks like common stock holders will also face a 1:1000 reverse split, too. Wanna bet Pagnano keeps the authorized shares at 15 billion so he can keep diluting the company into the ground while not publicizing that there are a bunch of preferred shares out there?

Did longs know about the other Florida WEHI company's shares he merged into the Delaware WEHI recently? Disclosure certainly isn't one of WEHI's strong points. Neither is a viable business model. The only thing it is good at is repeatedly destroying all shareholder value.
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