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Alias Born 06/30/2009

Re: None

Friday, 07/17/2009 12:33:07 AM

Friday, July 17, 2009 12:33:07 AM

Post# of 10951
I am just pondering how Z will handle CC since Olga is off as of Aug 1. Their original plan was to prepare Short for a month before Q2 CC by skipping Q1 CC altogether. This way, JL can relinquish his interim CEO position beforehand and avoid Investors. Now, Olga's resignation threw cold water on their plan. Can they do it without the presence of CFO? Who can answer the financial questions then?

Are they forced to do it before Olga leaves? Wells Fargo's notification, the event of default, further complicated the issue. CC to be scheduled in July? I doubt it. Will Z try to skip Q2 CC all together until they find a new CFO? By then, it will be Q3 CC. A strong possibility. These inapt managements of Z are capable of anything but increasing the value of investors.





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