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Re: spokeshave post# 33609

Wednesday, 04/13/2005 4:32:46 PM

Wednesday, April 13, 2005 4:32:46 PM

Post# of 78729
SS: I am with you that it does seem hard to believe that they would accept the write-down of the debt, but it does imply at least to me that they did.

The same goes for ANI who waived the first $5MM in royalties, but it appears that they did.

It is also worth noting that if Zaig exchanged all B shares, none were sold.









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