It was a nice buffet. They had fruit, yogurt, waffles, pancakes, bacon, sausage and a made to order omlette station.
There were 5 people affiliated with the EHC in attendance and 3 shareholders. We basically discussed the same things going around on this message board here and talked about the need to try and preserve shareholder equity. Most, if not all, at the meeting did not like the terms of the MOU, however it was also stated that something is better than nothing. And this at least creates a bottom and should prevent any other low ball offers from coming in. Also, the people at the breakfast are hoping that someone can come up with something better than the current DIP and MOU proposals - which is why ChuckD-MSB has asked if anyone knows of an investor with deep pockets. If you look at what is on the table now ($8-15M in DIP, and $15-$40 in the MOU) it should give you a good idea of the size of the loan / investment that is needed here.
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