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Re: chklingon post# 9791

Friday, 02/05/2010 11:43:43 AM

Friday, February 05, 2010 11:43:43 AM

Post# of 14386
I keep reading where posters are concerned with LS estate selling shares. I believe the company or IR already stated that the estate WAS NOT selling shares. For now, I am sure that is the case. There may come a time when the executor of the estate goes that route, not sure if they would need a court order or permission, but if there is verbage in the will to the effect the shares are distributed, then they would be placed to the heirs intact before they were sold. Unless the whole lot could be arranged to be sold in a block, it would be a lot of work to value the estate at all the various price per shares they would get to move such an amount.

Hopefully, there may be language to allow EGMI to acquire the outstanding LS stock at some fixed price. Wishful thinking.

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