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Re: lasalle_st_2000 post# 1303

Wednesday, 10/06/2010 1:22:38 PM

Wednesday, October 06, 2010 1:22:38 PM

Post# of 1639
LaSalle:
Holmes and NXXI have already formed a PARTNERSHIP so to speak..
Now, NXXI has changed their Threshold from 15% to 30%.
To me it appears the company did this for Holmes so, that he can acquire 30% of the issued shares..His 30% plus the total INSIDER'S share holdings would then likely create a 51% majority..WHY?...Most likely to stifle any further "Hostil Takeover" movement from Midsummer and the other Series J Investors should they create an alliance..
Midsummer has already filed their intent to attempt to form an alliance with the other Series J Investors, CONVERT all of their Preferred Shares to Common Shares and possibly even purchase more common shares if necessary in order to gain control of the companies management..
Holmes may be just the friendly "WHITE KNIGHT" that NXXI needed!!
Ther is definitely a POWER STRUGGLE going on here!!
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