Neil, what i see happening is someone will pay off YA and take control of the company, they won't buyout the whole company which is great for us. The new owners want to keep the old employess and directors to continue to build the company. just a guess....now what is the buyout price for that controlling interest? and who is the buyer? the great unknown lol
Subsequent Event - On April 29, 2009 the Compensation Committee of the Board of Directors approved a resolution reducing the salary and fee compensation of 15 of our employees and directors. related to our cost control measures. In addition, the resolution included a change in control provision, under which the salaries and fees of these employees and directors would revert to their former amounts upon a change in control of the company.