See my response at: Stock Clubs / Long-Term / The Penny King's Free and Clear M&A Fund (FCFMAF) and my report at iexchange.com. Additionally, the 12/31/00 date is being coordinated with simultaneous offers on more than 600 other companies, which is a massive amount of work, and takes time to implement. Our offers are usually at a valuation of ten times book value and we think $2.60 per share, consolidated with the other companies we plan to acquire is a good price.
Founder: The Free and Clear Foundations of Earth, Chairman & CEO Penny King Productions, The Free and Clear Bancorporation, Senior Trustee; The Free and Clear Fund, and Janitor for the Global Morass of Debt Instruments.
