Sunday, September 04, 2005 11:29:02 AM
"They have suffered no losses from the dilution but have remained whole throughout the process"
what have i missed?
i don't recall seeing them remaining "whole" as you state.
In case you were not aware, Glenda attended the latest investors meeting and provided a very in depth and detailed report on every word that she recorded directly from Frudakis.
In that text he clearly states that the individuals within management will be protected from the dilutive effects of the R/S. They would essentially 'remain whole' throughout the process.
Perhaps you don't consider such a guarantee as carrying any weight. Perhaps you consider it another in a long string of lies, and therefore you have dismissed it. Nevertheless it is a part of the historical record and you should have been aware of it.
Try to be a bit more discerning in your choice of what to remember and what to ignore.
regards,
frog
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