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Re: stockguy1000 post# 30147

Thursday, 03/31/2011 1:32:23 PM

Thursday, March 31, 2011 1:32:23 PM

Post# of 53792
"We could easily add the requisite number of indpendant directors and complete a full SOX audit in a quarter"

So why do it in reverse order? A RS can be done in a month if the audit and governance requirements are in place. A RS with an immediate uplisting plan in place would be MUCH more palatible to those of us who are voting NO under the present circumstances. But asking for a RS while at the same time degrading the governance status, and no stated plan for audited financials smells to high heaven to me. Bad judgment, at best.

Magic

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