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Sunday, 03/13/2011 2:01:57 PM

Sunday, March 13, 2011 2:01:57 PM

Post# of 96904
For what its worth. What you have here is a company that needed funds to move forward. And a company that has probaley seen its sales drop to 70 million. They still have overhead based on 100 million in sales. They need each other. That being said. All mergers have culture clash. How well they over come that and how good the product is will determine the out come of this investment. My big red flag was how cheaply this was put together. It didn't seem right. Red flag two. Chen is no longer an employee. Having been a consultant to several companies. I can tell you that its hard to get the employees to follow your lead. Over the next two months as we get to see the nuances of the deal, we will then find out what we have. I still am one of the large share holders. But have chosen to stand aside with part of my investment for now.
BEST OF LUCK TO ALL
THE OLD GUY

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