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Monday, August 26, 2013 4:37:54 PM
failed to keep up SEC filings the agreement would be terminated
that changed control from Fleming to McMachen, and control would
revert back to Fleming. The agreement I am thinking about is when
TGLN changed hands from Fleming and business reporting to Mcmachen
and boat selling. So Fleming should be in control of TGLN and
what Mcmachen does should be irrelevant unless they are working
together (both own shares in TGLN, so maybe they are. Mcmachen
maintaining a private corporation in Florida may mean he is exiting
TGLN and Fleming is taking over.
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