OMG,
Because of the board seat, I've been advised to generally avoid making public comments regarding EVOQ. Having said that,
I can answer some of your questions. Both the fund and I, personally, have held all of our shares following the reorg plan. You recall all shareholders had to tender a portion of their shares at 35 cents (1.75 post split). As a shareholder, we did that, but have sold no shares since.
I am having fun. I believe market is continuing to improve in downtown Los Angeles. There is still a lot of work to do, but I believe we are making solid progress.
I became involved in EVOQ because I felt substantial equity remained in the company despite prior management's statements to the contrary. It was a difficult process, during a very difficult period, but I think the equity committee did its job. With the help of informed and dedicated shareholders like Chevy and EI, we were able to do what was right and make sure all shareholders were served fairly.
I'll try to answer some of your other questions sometime in the next few days- I'm spending the holidays with my family and will be back in the office in a week or so.
Steve
