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Re: A deleted message

Wednesday, 05/25/2011 6:28:33 PM

Wednesday, May 25, 2011 6:28:33 PM

Post# of 9113
I'm quoting from memory, but it seems to me that Najafi "said" that he was interested in the future of the current shareholders of CGSYQ and would like to "do something for them" either during or after "all of the dust has settled" (my paraphrase).

And, since he did not use ALL of his debentures in purchasing the assets of CGSYQ, it seems unlikely that he would just let the remaining value slip right through his fingers.

Then, their is the "empty, worthless" shell that will be presumably left after the completion of the BK proceedings. Wasn't there some kind of sizeable tax loss carry forward value associated with the shell? And, if Najafi wants to "go public" with "his company" or "a company", wouldn't the logical choice for him be his now "empty, worthless" shell since he will already control approximately 60 percent of the shell's stock along with the "empty, worthless" shell being clean as a whistle?

Seems to me that there is more here to think about than just the immediate and narrowly viewed outcome of the BK proceedings.

But, Hey, That's Just My Opinion . . . smile

plmcc

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