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Re: exisnet post# 1535

Wednesday, 02/29/2012 5:42:55 PM

Wednesday, February 29, 2012 5:42:55 PM

Post# of 3734
It is tough to imagine but it is theoretically possible. I wonder if Arcadia's relationship with these creditors is different than it was with HD Smith. Looking back at some of the filings from last year, HD Smith began to "Trigger Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement" which really forced their hand in selling the DailyMed business and get them off their backs. As we know, Vicis has over 20M shares so they definitely stand to gain quite a bit if Arcadia's new business model proves to be profitable. Jana holds over 20 million shares as well. I do not see any transactions from the sticky thread that justin posted showing insider holdings of HD Smith ever owning any shares so this may be why they wanted to sever their credit with them so hastily.

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