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Re: Tool_power post# 375280

Friday, 09/07/2012 9:51:10 PM

Friday, September 07, 2012 9:51:10 PM

Post# of 735992
that may be so if one is just focusing on the trading and pps.

I am much more interested in the M&A , Capital raise, NOL utilization and expansion of the company.

In other words the price and volume movement is all well and good, but I am much more interested in Material events of the company going forward.

I brought up the issue earlier today. Many speculate that the authorized pref's would be used in a capital raise to aid in a much larger deal to more rapidly use the NOL's without effecting a change in ownership. I am of the theory that it would be just as easy for them to issue Bonds as well.

I would like to hear peoples thoughts on this? Maybe we can get the board back to talking about the real issues moving forward instead of dwelling on the past and paying mind to those who do not have the patience or stomach for waiting for the material business growth events to occur. This is not aimed at anyone in particular.

I am just tired of seeing the discussion devolve into a 1 liner fest of those who whine about things not happening in the quick time frame they set for themselves. I would much rather go back to the days where we could have a constructive discussion about the company and the future.

Besides the whole bond/pref capital raise issue. I would like to pose this question again.

Why hire Blackstone for M&A if there is not to be any in the future?

Blackstone gets paid when a deal is made. I seriously doubt they would be hired to do a job and not do it when there is easy money to be made. They specialize in big deals and have teams of lawyers and tax experts who have been down the NOL road before.

Further more I would like to ask the good people of this board who can look beyond the daily trading and at the bigger picture. If blackstone is going to do a deal and lets say a capital raise is in the cards. Do you think willingham would announce a deal before its done and all the pieces are in place?

I think people need to understand that the board members have to act in the best interest of the shareholders and that also entails keeping things under wraps until the material event occurs by which they can make the information public.

And finally to all the whining cry babies. Do you actually want us to believe the that the board of directors would hire Blackstone and then just do nothing? Do you actually want us to by into the idea that the people at the helm of the company would sit down and say to each other....... ok we fought like hell for years to get some justice and the new company for the shareholders and we got billions in nol's and one of the largest M&A firms in the world and cash plus possible capital raise potential, but instead of doing something we are just going to sit on our hands and do nothing...

Pullllesee..... I am sorry but it needed to be said once again. Patience is what is needed. Starting or restarting a business is not easy and takes time. Especially when it involves many moving pieces to make it work.


Thoughts?

or am I totally out in left field here?

All in my opinion of course. thanks.

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