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Re: KFC44 post# 23673

Thursday, 11/11/2010 12:07:43 PM

Thursday, November 11, 2010 12:07:43 PM

Post# of 24889
Management owns about 2% of total outstanding shares (For 50 year old publicly traded companies, Bowater and Abitibi Consolidated, this is very low number. Management never wanted to put their money were their mouth is. What does this tell you about management? If you take one manager (David Paterson) out of this, management shareholding will go down to less then 1 %. Mr. Paterson happens to hold shares because of stock incentive plan. Did any manager or any board of director at any time buy stock in open market? Answer is NO.

'Courts of bankruptcy are essentially courts of equity, and their proceedings inherently are proceedings in equity.'

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