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Re: SirFelix post# 18194

Wednesday, 02/08/2006 7:32:27 PM

Wednesday, February 08, 2006 7:32:27 PM

Post# of 53784
David

You said: "Kelly had the opportunity to reduce obligations by reissuing new stock and dumping the leaseholders. He chose to take the honorable way and take on the debt."

Interesting - so he paid little or none of the debt over the next few years and let it grow and grow and grow and then he issued shares on a settled amount with no cash. Honorable? Honorable would have been to pay the debt IMHO



These are my personal comments, observations, opinions and should not be relied upon for any investment decisions, and as always read the SEC filings for the facts of the company

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