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Re: success622 post# 203444

Monday, 12/21/2009 9:42:38 AM

Monday, December 21, 2009 9:42:38 AM

Post# of 326412
Success, If I left that post unclear, I apologize. My post was intended to show the 18 months bonus period began on May 29th 2008 which would have expired Nov, 29th 2009, or probably midnight Nov. 28th. The reference to Dec. 10th was intended to show the 10K filing could not be used. The section of the original agreement called Neutral Construction Page 12 Section 19 said no other draft could be relied on, meaning no draft other than the original agreement could be used to interpret the agreement making the 10K not to be relied on. I was asking claw if that was the correct understanding of it. I believe the Dec.10th date in the 10K was in error, Which led me to start considering the bonus matter was insignificant to Iain McCready since he signed off on the 10k. A 5mil bonus would have been important enough to get the date correct if he was serious about a sale which led me to start considering the bonus as a way to compensate Iain in case of a "salvage" sale instead a goal to sell or incentive to sell. The wording of the cap example; 200mil cap in the original agreement always bothered me. Again if I was lacking in my post and left it unclear I apologize. LOS