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Re: rookytrader post# 622

Tuesday, 06/21/2005 5:08:32 PM

Tuesday, June 21, 2005 5:08:32 PM

Post# of 2437
RookyTrader...
It does not matter at all. If the vote passes, Formula 51-2 will be required to take receipt of ALL OUTSTANDING SHARES at a price of $3.125 per share...period. The terms of the offer are quite clear. If you bought your shares on the open market, then this applies to you.It does not matter to you or I what happens with anything other than common shares because we don't have any. Most likely, within the prescribed period , you will check your brokerage account one morning, the shares will be gone, having been replaced with cash. I plan to call my brokerage once the results of the voting are anounced to find out what to expect.

jc

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