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Re: enemem post# 35105

Tuesday, 12/14/2010 12:26:13 PM

Tuesday, December 14, 2010 12:26:13 PM

Post# of 52004
It is strange that we have still not heard. I now think that the sale will be a year end deal. Companies that are acquiring love to do year end. They can balance all cor's ongoing losses against any gains they have had this year giving them a huge tax savings. Given all the piled up losses, even a price at .80 or more per share would have little actual cost.

I think this would satisfy Varney et al. too because their options would have value.

I expect an announcement the week between Christmas and New Year with closure that week. Enough shares are owed by the controllers to make this all go swiftly.

Good luck to all.
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