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Re: tvmetguy post# 39814

Saturday, 12/12/2009 11:34:40 AM

Saturday, December 12, 2009 11:34:40 AM

Post# of 135270
Agree you have to be friends with the MMs if you are the CEO. I think your right that they have reached some type of agreement. I also believe the pressure of the shareholders and a possible class action suite he did not need. So I think he told the MMs I cannot hold out any longer. I believe the shareholders would have gotten the SEC to look into the whole thing and ST does not need any more problems with the SEC.(with this new administrartion the SEC is not something you bush aside like you did with Bush) I would have loved to be the fly on the wall hearing Tom's conversations with the MMs, ST & TD. I believe like I told Tom he is not 100% clean and with certain things I know and have things that would not help him and I stated just put the f-- SS out ASAP. I also called the paper and asked if they did a background check on the company before writing the article. They seemed be concerned they might get hauled into a law suite for complacency and not doing their job completely.
Now we have an IR person which is good, someone to talk to the shareholders and watch the stock and to communicate to Tom while he works on the business. An SEC review will not help him raise money. I still believe their is private money and there will be private money coming - hedge funds and private equity is always looking for the next hot market to make money. The green stuff is not so hot anymore now that the Chinese are in it. Are the Chinese in dope??? Not that I see so the margins should still be very high. IMO