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Thursday, October 13, 2011 12:17:10 PM
"With these updated studies and reports on the Nemegosenda property the Company hopes that HKHE (tentatively to be renamed Nio-Star Holdings) would become a separate reporting issuer in 2012. At the time of such listing, if successful, the Company may enact a dividend-in-kind spin out transaction (the "Spin-Out") involving the pro rata distribution of its share holdings in HKHE to Sarissa shareholders of record on a date to be set later this year. Management of Sarissa has determined to seek shareholder approval for the Option and Spin-Out at a special meeting of shareholders. Details will be mailed to shareholders."
I would like to see the "COMPANY" enact a dividend-in-kind spin out transaction (the "Spin-Out") involving the pro rata distribution of its share holdings in HKHE to Sarissa shareholders of record on a date to be set as June 1,2008 or some date in 2008....
Award the shareholders who purchased before this date and are still holding their shares and not award flippers and daytraders the same pro rata distributions. REWARD THE FAITHFUL SHAREHOLDERS
JMHO
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