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Re: Celtics2011 post# 23136

Sunday, 10/07/2012 11:59:02 AM

Sunday, October 07, 2012 11:59:02 AM

Post# of 23361
Celt
There is NO QUESTION that all is not above board. There is NO QUESTION that no value has yet been captured from the announced projects. There is NO QUESTION that the lawsuits flying back and forth will one day be resolved. And there is NO QUESTION that SLMU is not an operating company in the true sense of the word...its still just a shell with more pawns.

When we see consecutive quarters with real revenues, we will then see a real company emerge. I suspect we will one day see that, yet it won't be very very soon. Rather the value of this lawsuit is to try to capture value from what moves were made early on by the CEO and Chairman of SLMU. Because he holds still the largest amount of shares under his control and therefore retains an incentive to increase those shares values. This is one way of attempting to do that.

If I were GM and the funds backing Visole, I'd buy him out for a nice tidy sum and make him go away. They have that power..they simply have to decide if they want to use it or not...

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