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Re: beulah post# 288513

Sunday, 05/08/2011 3:56:01 PM

Sunday, May 08, 2011 3:56:01 PM

Post# of 730793
To beulah: I'm not suggesting that Seth isn't in any way capable of doing what he's doing. Nor am I suggesting that he doesn't meet, on a frequent basis, to obtain instructions from the partners of his firm. What I am trying to understand is why Susman is pitting a junior associate (who has little, if any bankruptcy and securities law experience) against the likes of Rosen and the HF's attorneys ... all of whom are partners, and all of whom have a vast degree of experience in these highly specialized areas. Seth Ard's contribution to the last month's billing statement amounted to a whopping 72% of all hours billed. Aren't you curious about that? There's a reason for this. It's part and parcel of some strategy on Susman's part. However, I don't know what it could be.

And as to your question about voting ... no one knows at this point in time. However, I have an uneasy feeling that all of the calling by the brokerages this last time around had something to do with locking your shares. "Vote no, they're locked. Vote yes, they're locked." I would'nt be a bit surprised if they'd stay locked for purposes of voting in a new board of directors at a SH meeting.
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