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Re: aleajactaest post# 218410

Wednesday, 11/30/2011 11:31:53 AM

Wednesday, November 30, 2011 11:31:53 AM

Post# of 249238
Hi Alea,

I'm not sure that Wave still has a skunk spray strategy to disuade a hostile takeover. I believe there was a different class of common stock that had 5X the voting power of a typical common share. That special class was held/controlled by the Spragues. However with all the dilution and selling of shares by the Spragues - I think that the skunk spray has been rended ineffective. Best Regards, Fred

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