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Re: BlueHen03 post# 51837

Wednesday, 12/14/2011 7:09:14 AM

Wednesday, December 14, 2011 7:09:14 AM

Post# of 60938
This one threw me, so your guess is as good as mine. That being said there are two other steps that I see can be taken before the nuclear option. The first is a suit after the vote to nullify it. Not sure what the odds are of that. The second step is a shareholders derivative suit to remove Turrini and Pierce. If those two fail, or if some other event threatens his investment, then I suppose he would go to the final option.

I have not considered what actions Walsh might take but he has a much lower stake in this so I really don't see him doing anything.

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