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Re: linda1 post# 5835

Thursday, 01/05/2012 6:33:56 PM

Thursday, January 05, 2012 6:33:56 PM

Post# of 8307
Linda, no, there is perpetual confusion here. The GSA has two periods.

1) A binding period, when everybody who signed it is bound, and cannot leave or stop it.

2) A non-binding period, when anybody COULD exit it, but it would require an ACTIVE SPECIFIC ACTION to leave it

The "expiration" date is a misnomer. It is the time where by we transition from #1 to #2.

At this time, it has not been "renewed" (re-signed) to go from #2 back to #1.

But it still is totally in force and the next steps would be:

a) A POR is confirmed using the GSA
b) It is re-signed/renewed to cause it to become binding again
c) A party ACTIVELY withdraws by making such an announcement and FILING.

...Catz


.... Please, just call me Catz ;) - - - - - {and the requisite, all IMHO, do your own due diligence, and make your own investments}

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