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Re: george8 post# 9817

Thursday, 05/19/2005 10:54:24 AM

Thursday, May 19, 2005 10:54:24 AM

Post# of 19549
True enough except he couldn't buy let us say buy 6 million shares at $1.00, maybe $3.00 plus though if he is patient at best I think since I assume he would have to report. Also if over half of those shares are currently restricted, he could not get that part.

Also I don't know if he could get a loan to accomplish that. Obviously if he was not taking private but believed in the value, he would award himself plenty of stock options. If he was getting through legitimate stock options, I don't see a slamdunk for buying on open market. Maybe it is though?

sam