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Re: geoly31 post# 2274

Monday, 02/28/2005 6:08:46 PM

Monday, February 28, 2005 6:08:46 PM

Post# of 36792
Geoly, the one reason Fayiz would need to open the books would be if the purchase involved stock or warrants in the company. In that the attorney apparently filed the REGDEX, it sounds like some stock was part of what Fayiz was proposing to pay. Whether it was Valley Design or someone else they're talking to, if I were the one being acquired and was taking a substantial part of my equity in stock, I'd insist on seeing, or even auditing, the books.

Gary