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flybyday

09/11/14 9:36 PM

#154798 RE: bankinonit #154797

I think to estimate the full cost of LTA you need to add two years of Glenn's salary, Kevin's Felicia's, Dan's,( as all were 100% involved essentially in LTA business strategy) the many trips to Fort Polk, meetings, development costs etc after the LTA acquisition? We only make out if the shares of DRNE after leakage of preferred are worth solid capital a year from now.. Even at current valuation am not sure it was a justifiable sale but lets see what the shares are worth then as it is all conjecture until we know what the outstanding is and valuation when we are allowed to sell some. What we can safely say today is that shareholders in WSGI have lost another 50% of valuation since the sale of LTA.