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Re: clawmann post# 205609

Tuesday, 01/12/2010 3:08:24 PM

Tuesday, January 12, 2010 3:08:24 PM

Post# of 326412
clawmann, As someone with very limited knowledge of all this, I ask you and anyone else on the board who understands these matters to read Exhibit 10.1; paragraphs 4.2; 4.3; 10.5 and 11.4. I read it as this must be voted on and approved by shareholders at the special meeting. This leads me to the question, Would YA have to recuse themselves since they're a principal in this matter and the one who seems to be gaining most? I don't know the law in this but YA would certainly have a conflict of interest in this vote. Paragraph 11.4 speaks of "shareholders rights offerring" what is this? Can we buy these shares and pay the debt?LOS Thanks in advance for anyone's input on this.