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Re: The Rainmaker post# 52990

Wednesday, 12/28/2011 12:35:55 PM

Wednesday, December 28, 2011 12:35:55 PM

Post# of 58002
Rainmaker, what you're thinking is not crazy, I have said before that one of the few assets was the public vehicle. However beware, since ASR orchestrated their preferred issuance they can pretty much do anything. In my opinion if Roth tendered his Pref shares that might be indicative of what your hoping for. They made it a precondition that he would go away. He has no place in any kind of a leadership role in any kind of business.

Going back to the "Beware", they can reverse split this again very easily and crush the Asr shareholders into oblivion and restructure the debt as I have been suggesting. The fact that they are both Nevada Corps makes a lot of things easier. In such a scenario I seriously doubt that they would carry on with the ASR business per se.

Good luck.