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Re: sawdin post# 374

Monday, 04/18/2005 3:54:40 PM

Monday, April 18, 2005 3:54:40 PM

Post# of 35921
sawdin; I know from talking to Tom Gramuglia that this is a family owned and operated business, their family owns most of the resricted stock, so what their reason for bouncing assets around to different family members and Gramuglias wife being the President instead of Tom I would assume that most of it is for Tax write-off purposes, I am just speculating though.

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