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Re: None

Thursday, 06/04/2009 2:23:11 PM

Thursday, June 04, 2009 2:23:11 PM

Post# of 221
Post from yahoo board. Looks like the common is dilutive on voting rights, but TMPR is "good as gold".

The only real dilution of existing shares is in VOTING POWER...TMCV shares will initially be worth 50 cents or more at the point of change in control, and can gain from there as the new owners work with mgt to stabilize and re-grow the bank.

"Temecula Valley Bank has raised private capital (the good news), but it was 95% dilutive (the bad news). But like the Lieutenant who said during the war in Vietnam that, “We had to destroy the village to save it”, at least the bank will live to fight another day. Temecula was and probably will be again one of the nation’s top SBA lenders."

http://mortgagenewsclips.com/2009/06/04/...