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Re: rage post# 2309

Tuesday, 01/10/2012 7:37:10 PM

Tuesday, January 10, 2012 7:37:10 PM

Post# of 8799
Rage, I believe that the exit strategy for Carl, and his friends who have invested in this enterprise, will be in the ultimate sale of the company at some point. There hasn't been much in the way of formal communication out of the company, and I expect that will remain the case for the foreseeable future. Carl now owns 52% of the outstanding shares. There is no legal obligation to report on anything, since they filed to "go dark" under SEC Rule 15. They will, most likely, only report their quarterly results once every three months. In essence, we now own a publicly traded company that will act, for all intents and purposes, more like a private one.
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